US targets Iran’s crypto sector, cites over $100M in oil-linked payments

Crypto Insight Summary: The US Treasury expanded sanctions to Iran’s digital asset sector, alleging a UAE-based broker processed over $100 million in crypto for oil sales. Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Sanctions on Iran’s crypto usage increase regulatory pressure, causing short-term market uncertainty.