British Columbia
Province on Canada's Pacific coast; capital Victoria, largest city Vancouver.
Two British Columbia firms, Amin Exchange and NIA Nations Currency Ltd, were among eight Canadian money services businesses the US Treasury designated on 6 November 2026 over alleged Iranian rial-for-crypto trading.
Last refreshed: 8 November 2026 · Appears in 1 active topic
Why are British Columbia currency exchangers on a US Iran sanctions list?
Timeline for British Columbia
US blacklists eight exchangers in Canada
Iran Conflict 2026Background
British Columbia is one of three Canadian provinces where the US Office of Foreign Assets Control designated money services businesses on 6 November 2026. Treasury named 1380079 BC Limited, trading as Amin Exchange, and NIA Nations Currency Ltd.
Treasury alleges the eight Canadian businesses swapped Iranian rials for crypto assets and that several dealt with wallets linked to Iran's Revolutionary Guards. It acted with FINTRAC, Canada's financial intelligence unit. Only Canadian authorities can close the shops.
British Columbia is Canada's westernmost province, on the Pacific coast, with about 5.68 million people. Victoria is the provincial capital and Vancouver its largest city.
Which British Columbia businesses did the US sanction over Iran?
Why did the US sanction Canadian money exchangers?
Written with AI from Lowdown's published reporting. Not individually reviewed by an editor. Updated 8 November 2026. Editorial standards.