Chainalysis: Paying Iran with cryptocurrency may face sanctions risks

MeNews · 2026-04-11T18:23:17+00:00

Chainalysis analyst Kaitlin Martin warns that using cryptocurrencies to pay for transit fees to Iran could expose shipping companies to severe sanctions risks. Any payments to the Iranian regime are considered support and may violate U.S. and international sanctions.

MeNews

2026-04-11 18:23:17

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ME News Report, April 11 (UTC+8), senior intelligence analyst Kaitlin Martin from Chainalysis stated that shipping companies potentially involved in paying transit fees to Iran using cryptocurrencies may face serious sanctions risks. Martin told Cointelegraph that under the current sanctions framework, any payments made to the Iranian regime, including those related to passing through key waterways, could be interpreted as “material support,” putting companies at risk of violating U.S. and international restrictions. “Doing so could pose serious sanctions violation risks because the Iranian Revolutionary Guard is sanctioned in multiple jurisdictions, and Iran itself is under comprehensive U.S. sanctions,” she said. Previously, there were reports that Iran might seek to collect transit fees in the form of cryptocurrency. Although not officially confirmed, U.S. President Donald Trump has stated that he would not accept any attempts by Tehran to impose transit fees on shipping passing through this important waterway. (Source: ODAILY)

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