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US Treasury expands sanctions targeting Iran’s crypto sector
The Treasury alleges a UAE-based broker processed more than $100 million in crypto tied to Iran oil sales.
The US Treasury has expanded sanctions aimed at Iran’s digital asset sector, according to Cointelegraph.
The move cites allegations that a UAE-based broker processed over $100 million in cryptocurrency linked to oil sales.
Cointelegraph reports the Treasury action was taken as part of efforts to disrupt crypto-facilitated payments connected to Iran’s oil trade.
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