US Sanctions Eight Canadian Money-Service Firms Over Iran Crypto Allegations
Published . Updated .
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US sanctions Canadian money-service firms: Eight were designated over alleged Iran-linked crypto transfers, widening scrutiny of fiat-to-digital-asset channels.
Directly affected
- No company is named in this report.
Indirectly affected
- IBIT iShares Bitcoin Trust-8.0% 30d
iShares Bitcoin Trust: it follows bitcoin. Linked by “crypto” (crypto) in this story.
- USO United States Oil Fund-1.1% 30d
United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story.
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “iran” (tanker shipping) in this story.
- EWC iShares MSCI Canada ETF+0.9% 30d
iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canadian”).
- COIN Coinbase Global-29.8% 30d
Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.
- MSTR Strategy-16.4% 30d
Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.
- MARA MARA Holdings-7.6% 5d
MARA Holdings (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.
- ABTC American Bitcoin-48.0% 30d
American Bitcoin (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| IBIT | +1.12% | +5.69% | base | -1.32% | after close | after close | after close |
| USO | +5.62% | -2.06% | base | -3.90% | after close | after close | after close |
| BWET | +35.08% | +5.02% | base | -13.59% | after close | after close | after close |
| EWC | +1.43% | +3.07% | base | +1.93% | after close | after close | after close |
| COIN | +2.28% | +12.47% | base | +1.01% | after close | after close | after close |
| MSTR | +1.36% | +10.45% | base | -2.59% | after close | after close | after close |
| MARA | +1.34% | +8.43% | base | +4.65% | after close | after close | after close |
| ABTC | +15.17% | +17.23% | base | -0.66% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
US Sanctions Eight Canadian Money-Service Firms Over Iran Crypto Allegations Bitcoin Foundation
Source: Bitcoin Foundation
iShares Bitcoin Trust ETF (IBIT) since this story, compared with the market
| Company | When | Move | Status |
|---|---|---|---|
| ABTC | that day | -0.66% | final price |
| ABTC | three days earlier | +17.23% | final price |
| ABTC | five days earlier | +15.17% | final price |
| Amplify Commodity Trust (BWET) | that day | -13.59% | final price |
| Amplify Commodity Trust (BWET) | three days earlier | +5.02% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +35.08% | final price |
| Coinbase Global (COIN) | that day | +1.01% | final price |
| Coinbase Global (COIN) | three days earlier | +12.47% | final price |
| Coinbase Global (COIN) | five days earlier | +2.28% | final price |
| Ishares Msci Canada Etf (EWC) | that day | +1.93% | final price |
| Ishares Msci Canada Etf (EWC) | three days earlier | +3.07% | final price |
| Ishares Msci Canada Etf (EWC) | five days earlier | +1.43% | final price |
| iShares Bitcoin Trust ETF (IBIT) | that day | -1.32% | final price |
| iShares Bitcoin Trust ETF (IBIT) | three days earlier | +5.69% | final price |
| iShares Bitcoin Trust ETF (IBIT) | five days earlier | +1.12% | final price |
| MARA | that day | +4.65% | final price |
| MARA | three days earlier | +8.43% | final price |
| MARA | five days earlier | +1.34% | final price |
| Strategy (MSTR) | that day | -2.59% | final price |
| Strategy (MSTR) | three days earlier | +10.45% | final price |
| Strategy (MSTR) | five days earlier | +1.36% | final price |
| United States Oil Fund (USO) | that day | -3.90% | final price |
| United States Oil Fund (USO) | three days earlier | -2.06% | final price |
| United States Oil Fund (USO) | five days earlier | +5.62% | final price |
Congressional trades in the stocks in this story
- Rep. Rohit Khanna bought Coinbase Global (COIN) (held by a spouse), worth $1,001 - $15,000 on 4 Sep 2026. That is 66 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Coinbase Global (COIN), worth $1,001 - $15,000 on 18 Aug 2026. That is 83 days before publication. Filed 10 Sep 2026. View the filing.
- Rep. Pete Sessions sold ExxonMobil Holdings (XOM), worth $1,001 - $15,000 on 14 Oct 2026. That is 26 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold ExxonMobil Holdings (XOM) (jointly held), worth $100,001 - $250,000 on 31 Aug 2026. That is 70 days before publication. Filed 25 Sep 2026. View the filing.
- Rep. Pete Sessions sold Chevron (CVX), worth $15,001 - $50,000 on 14 Oct 2026. That is 26 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Kevin Hern sold Chevron (CVX) (jointly held), worth $15,001 - $50,000 on 23 Sep 2026. That is 47 days before publication. Filed 13 Oct 2026. View the filing.
- Rep. Maria Elvira Salazar bought Chevron (CVX), worth $1,001 - $15,000 on 2 Sep 2026. That is 68 days before publication. Filed 7 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around iShares Bitcoin Trust ETF (IBIT)
Companies carried with this story
- IBIT iShares Bitcoin Trust ETF
iShares Bitcoin Trust ETF (IBIT) is linked, with no stored direction, medium confidence in the 9 Nov 2026 story “US Sanctions Eight Canadian Money-Service Firms Over Iran Crypto Allegations.” Reason on file: iShares Bitcoin Trust: it follows bitcoin. Linked by “crypto” (crypto) in this story
- USO United States Oil Fund
For “US Sanctions Eight Canadian Money-Service Firms Over Iran Crypto Allegations,” United States Oil Fund (USO) is linked, with no stored direction, medium confidence. Reason on file: United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story
- BWET Amplify Commodity Trust
For “US Sanctions Eight Canadian Money-Service Firms Over Iran Crypto Allegations,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks tanker freight rates. Linked by “iran” (tanker shipping) in this story
- EWC Ishares Msci Canada Etf
For “US Sanctions Eight Canadian Money-Service Firms Over Iran Crypto Allegations,” Ishares Msci Canada Etf (EWC) is linked, with no stored direction, medium confidence. Reason on file: iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canadian”)
- COIN Coinbase Global
For “US Sanctions Eight Canadian Money-Service Firms Over Iran Crypto Allegations,” Coinbase Global (COIN) is linked, with no stored direction, medium confidence. Reason on file: Coinbase Global (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story
- MSTR Strategy
In “US Sanctions Eight Canadian Money-Service Firms Over Iran Crypto Allegations,” Strategy (MSTR) is linked, with no stored direction, medium confidence. Reason on file: Strategy (finance services): crypto firms' revenue moves with crypto prices and rules. Linked by “crypto” (crypto) in this story
- XOM ExxonMobil Holdings
For “US Sanctions Eight Canadian Money-Service Firms Over Iran Crypto Allegations,” ExxonMobil Holdings (XOM) is linked, with no stored direction, medium confidence. Reason on file: ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “iran” (oil) in this story
- CVX Chevron
In “US Sanctions Eight Canadian Money-Service Firms Over Iran Crypto Allegations,” Chevron (CVX) is linked, with no stored direction, medium confidence. Reason on file: Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “iran” (oil) in this story
iShares Bitcoin Trust ETF (IBIT)
The 9 Nov 2026 story “US Sanctions Eight Canadian Money-Service Firms Over Iran Crypto Allegations” names iShares Bitcoin Trust ETF (IBIT) because of this story.
For iShares Bitcoin Trust ETF (IBIT), the reason on file says iShares Bitcoin Trust: it follows bitcoin. Linked by “crypto” (crypto) in this story
Also listed, United States Oil Fund (USO): United States Oil Fund: its price follows crude oil. Linked by “iran” (oil) in this story
The price range for iShares Bitcoin Trust ETF (IBIT), and the dates in the story
BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. IBIT traded between 43.03 and 48.07 across 20 sessions. The latest close on file is 44.03. USO traded between 143.02 and 171.80 across 20 sessions. The latest close on file is 148.41.
How strong the case is around iShares Bitcoin Trust ETF (IBIT)
46 out of 100
“US Sanctions Eight Canadian Money-Service Firms Over Iran Crypto Allegations” scores 46 out of 100. The score uses 1 sources, and 8 linked companies.