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Wire · regulatory

US Operation Economic Outcast looks to squeeze Iran's crypto activity

1 September 2026 · By · Wire by Fusion42

Published

1 September 2026

Topic

regulatory

◆ Sectors

Crypto & Web3

◆ Geography

United States

◆ Source

Read at elliptic.co →

◆ Verified

Fusion42 · 1 September 2026 · Fusion42 review

The US Treasury expanded sanctions under Operation Economic Outcast to cover Iran's entire digital asset sector, enabling targeting of any crypto entities connected to Iran, and extending secondary sanctions to non-US financial institutions facilitating Iranian crypto activity.

This Wire brief sits within Fusion42's coverage of Crypto & Web3.

◆ ◆ The Wire takeaway

US sanctions now extend to any crypto firm linked to Iran’s digital assets, cutting off access to US financial services. You must urgently review your exposure to Iran-related crypto activity or risk losing critical US banking connections.

◆ Coverage

1 source · 1 Sep 2026

◆ Related on Wire

◆ Topics

Crypto & Web3sanctionsirancrypto-regulationus-treasurysecondary-sanctions