U.S. Treasury Secretary Scott Bessent announced that the department's Office of Foreign Assets Control has sanctioned multiple cryptocurrency wallets connected to Iran's central bank. The action freezes more than $130 million in associated funds as part of efforts to restrict financial flows.
The sanctions target assets held in wallets linked to the Iranian institution, limiting their use in international transactions. The move represents the latest step in the U.S. administration's use of targeted financial measures to address activities involving the Iranian central bank.
The sanctions target assets held in wallets linked to the Iranian institution, limiting their use in international transactions. The move represents the latest step in the U.S. administration's use of targeted financial measures to address activities involving the Iranian central bank.