News
US Tightens Financial Controls on Hezbollah
The United States is intensifying its efforts to control financial networks associated with Hezbollah, aiming to find ways through which funds are flowing to the group in defiance of sanctions. The focus is on gold, cryptocurrencies, and key companies that can be used to hide the origin of the funds. This move aims to restrict not only direct transfers from Iran, but also other sources of financing for Hezbollah. The article highlights the use of cryptocurrencies and gold as potential means of laundering funds and hiding their origin. The US is also considering tightening regulations in Lebanon, including the establishment of final beneficial owners of companies, which could complicate the use of these companies for financing Hezbollah. Additionally, the US Department of State has questioned the information regarding the transfer of $200 million in cash from Iran to Hezbollah, and continues to restrict the sources of financing for the group.