US Treasury freezes $130M in cryptocurrency linked to Iran’s central bank

The US Treasury froze approximately $131M in cryptocurrency linked to Iran's central bank. US Treasury Secretary Scott Bessent stated the commitment to disrupting and degrading Iran's illicit financial activities, specifically its abuse of digital assets. These actions occur amid rising Middle East tensions and underscore the increasing global emphasis on crypto compliance as a critical national security measure. The operation aims to target financial networks associated with the Iranian government through the seizure of digital assets.