U.S. Expands Iran Crypto Sanctions, Targeting Two Exchanges
The Treasury Department's OFAC has targeted Shelbit and Aban Tether in an ongoing effort to restrict Tehran's access to cryptocurrency and foreign currency.
The United States Treasury Department has expanded its crackdown on Iranian cryptocurrency networks, imposing sanctions on two digital asset exchanges.
The Office of Foreign Control (OFAC) targeted Shelbit and Aban Tether as part of Washington's broader strategy to restrict Tehran's access to both cryptocurrency and foreign currency markets. The action reflects continued efforts by U.S. authorities to disrupt financial channels utilized by entities in Iran.
Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.
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