US Freezes $130 Million in Iranian Crypto Assets, Imposes New Sanctions and Gulf of Oman Blockade
6 hours ago
At a glance
- The United States has frozen over $130 million in cryptocurrency wallets linked to Iran.
- According to the US Treasury Department, sanctions have been imposed on several crypto wallets connected to Iran's central bank, resulting in the freezing of digital…
- The Treasury Department stated that actions against Iran's illegal financial activities will continue, with the aim of preventing the Iranian government from…
Story so far: The United States has frozen over $130 million in cryptocurrency wallets linked to Iran. According to the US Treasury Department, sanctions have been imposed on several crypto wallets connected to Iran's central bank, resulting in the freezing of digital…
The United States has frozen over $130 million in cryptocurrency wallets linked to Iran. According to the US Treasury Department, sanctions have been imposed on several crypto wallets connected to Iran’s central bank, resulting in the freezing of digital assets exceeding $130 million. The Treasury Department stated that actions against Iran’s illegal financial activities will continue, with the aim of preventing the Iranian government from accessing illicit US assets.
Concurrently, a blockade of Iran has commenced in the Gulf of Oman, with restrictions placed on ships traveling to and from Iranian ports. CENTCOM reports that over 20 US warships and hundreds of military aircraft are currently operational in the region. The US Treasury Department has also imposed new sanctions on Iran and issued general licenses as part of these measures.
Pakistan News will update this story as more confirmed details become available.
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