U.S. Treasury expands Iran digital asset sanctions citing $100M+ crypto-linked oil payments

The U.S. Treasury expanded sanctions targeting Iran’s digital asset sector, citing allegations that more than $100 million in crypto payments supported IRGC-linked oil sales since 2023 ^{[1] [2]}.

CryptoBriefing also reported that the sanctions environment is interacting with broader economic conditions, including dollar instability attributed to Iran sanctions and U.S. Treasury buybacks ^[3].

Bitcoin.com News reported that Scott Bessent warned foreign nations to sever Iranian digital-asset ties ^[4].

Crypto Briefing further reported that the Trump administration sanctioned China and Hong Kong firms over ties to Iran ^[5].

Catenaa Market Insights said the U.S. broadened sanctions beyond crypto to include gold and shipping, and described the measures as increasing the risk of secondary sanctions for foreign companies, financial institutions, and intermediaries doing business with sanctioned Iranian entities ^[6].