Wire · regulatory
US targets Iran's crypto sector, cites over $100M in oil-linked payments
◆ Sectors
◆ Geography
◆ Source
◆ Verified
Fusion42 · 25 August 2026 · Fusion42 review
The US Treasury has expanded sanctions on Iran to include its digital asset sector, targeting crypto payments linked to Iranian oil sales and associated entities. The Office of Foreign Assets Control can now sanction individuals and firms supporting Iran's crypto sector, significantly broadening enforcement.
This Wire brief sits within Fusion42's coverage of Fintech.
◆ ◆ The Wire takeaway
You face a broader US crackdown as sanctions now cover all players supporting Iran’s crypto sector, not just individual platforms. Firms enabling cross-border crypto linked to restricted regimes must cut ties or risk being barred from US financial systems.
◆ Coverage
1 source · 25 Aug 2026
◆ Related on Wire
◆ Topics