Geopolitics Alpha

US Treasury Sanctions 8 Canadian Crypto Exchange Firms for Helping Iran Evade Sanctions

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US Treasury Sanctions 8 Canadian Crypto Exchange Firms for Helping Iran Evade Sanctions

The US Treasury Department has imposed sanctions on eight Canada-based exchange firms accused of helping Iran evade financial sanctions. Cointelegraph

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-0.1% 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-29.9% 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.

  • XOM ExxonMobil Holdings-2.7% 17d

    ExxonMobil Holdings (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “iran” (oil) in this story.

  • CVX Chevron+4.2% 30d

    Chevron (petroleum refining): oil producers' profits rise and fall with crude prices. Linked by “iran” (oil) in this story.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
IBIT+1.12%+5.69%baseafter closeafter closeafter closeafter close
USO+5.62%-2.06%baseafter closeafter closeafter closeafter close
BWET+35.08%+5.02%baseafter closeafter closeafter closeafter close
EWC+1.43%+3.07%baseafter closeafter closeafter closeafter close
COIN+2.28%+12.47%baseafter closeafter closeafter closeafter close
MSTR+1.36%+10.45%baseafter closeafter closeafter closeafter close
XOM+8.37%+2.16%baseafter closeafter closeafter closeafter close
CVX+7.15%+2.05%baseafter closeafter closeafter closeafter 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 Treasury Sanctions 8 Canadian Crypto Exchange Firms for Helping Iran Evade Sanctions bloomingbit

Source: bloomingbit

This story

CompanyWhenMoveStatus
BWETthree days earlier+5.02%final price
BWETfive days earlier+35.08%final price
COINthree days earlier+12.47%final price
COINfive days earlier+2.28%final price
CVXthree days earlier+2.05%final price
CVXfive days earlier+7.15%final price
EWCthree days earlier+3.07%final price
EWCfive days earlier+1.43%final price
IBITthree days earlier+5.69%final price
IBITfive days earlier+1.12%final price
MSTRthree days earlier+10.45%final price
MSTRfive days earlier+1.36%final price
USOthree days earlier-2.06%final price
USOfive days earlier+5.62%final price
XOMthree days earlier+2.16%final price
XOMfive days earlier+8.37%final price

Trades by members of Congress and officials in the stocks in this story

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).

This story

12 out of 100

“US Treasury Sanctions 8 Canadian Crypto Exchange Firms for Helping Iran Evade Sanctions” scores 12 out of 100. The score uses 1 sources.