Daily Market Updates: U.S. sanctions target crypto amid broader pressure on Iran

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U.S. sanctions target crypto amid broader pressure on Iran

The U.S. Treasury says the measures are aimed at digital assets used to support Iran’s economy.

Reported · Written up by our desk · Regulation

The Block reports the U.S. Treasury Department is moving to increase pressure on Iran through new sanctions spanning crypto and other sectors.

The outlet says the Treasury is focusing on digital assets it characterizes as being used to bolster Iran’s economy, as part of a wider effort that also targets aviation, shipping, and gold.

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Sources

The BlockUS escalates Iran pressure with sanctions on crypto, aviation, shipping and gold as part of ‘economic D-Day’

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U.S. sanctions target crypto amid broader pressure on Iran

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