🕌 Middle East 2d ago · Marwa A

US Treasury announces new sanctions targeting Iran-linked cryptocurrency networks

Middle East Monitor
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US Treasury announces new sanctions targeting Iran-linked cryptocurrency networks
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The US Department of the Treasury on Friday announced new sanctions targeting financial networks linked to Iran, including digital asset wallets, Anadolu reports. The department’s Office of Foreign Assets Control (OFAC) “is sanctioning multiple wallets tied to Iran — resulting in the freeze of $344 million in cryptocurrency,” Treasury Secretary Scott Bessent said on US social media company X. “We will follow the money that Tehran is desperately attempting to move outside of the country and targe

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