US-Iran standoff reaches crypto as Treasury sanctions exchanges

AI Summary The US Treasury sanctioned two Iranian crypto exchanges, Shelbit and Aban Tether, on Friday for facilitating transactions for the Islamic Revolutionary Guard Corps. This move expands the Trump administration’s “Economic Fury” campaign. The Treasury’s Office of Foreign Assets Control (OFAC) designated the two exchanges for processing large sums of digital assets through them to avoid... fulltext: 388 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/us-iran-standoff-crypto-treasury-exchanges/ Source: CryptoPolitan