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US Treasury issues new Iran sanctions targeting crypto exchanges | Collector
US Treasury issues new Iran sanctions targeting crypto exchanges
Al Arabiya English

US Treasury issues new Iran sanctions targeting crypto exchanges

The United States issued new Iran-related sanctions on Tuesday, targeting individuals and crypto exchanges, a notice on the Treasury Department website showed.The US sanctioned four Iranian nationals and four Iran-based digital asset exchanges Nobitex, Bitpin, Ramzinex and Wallex, the Treasury said.For all the latest headlines, follow our Google News channel online or via the app.Foreign financial institutions and individuals may also be sanctioned if they engage in certain transactions with the four firms, the department added.“While Iran’s economy is in free fall, the regime has chosen to co-opt digital asset technologies for its own corrupt agenda, including evading sanctions and transferring wealth out of the country,” Treasury Secretary Scott Bessent said.“Iran’s current economic chaos is proof that President Trump’s maximum pressure campaign has been a success,” he added.With ReutersRead more: Iran studying deal to halt war with US as stalemate persists

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