The U.S. Department of the Treasury has announced sanctions against eight Canada-based money services businesses, accusing them of allegedly facilitating transactions for sanctioned Iranian entities. U.S. Treasury Secretary Scott Bessent stated that Canada cannot become a safe haven for illicit financial facilitators providing sanctions-evasion services to the Iranian regime and its proxies. The sanctioned entities are located in Ontario and British Columbia, including Diverse Trade Inc (operating as Million Exchange), 1380079 BC Limited, Top PC Technician Inc, NIA Nations Currency Ltd, 2397639 Ontario Ltd (operating as Farah Exchange), CCC Inc, B Galaxy Inc, and Darvish Exchange.