US Treasury Sanctions Iranian Crypto Wallets, Freezing $344 Million
The US Treasury's Office of Foreign Assets Control (OFAC) has sanctioned several crypto wallets tied to Iran, freezing $344 million in cryptocurrency. This move is part of the US' efforts to degrade Iran's ability to generate and move funds. The sanctions target the Islamic Revolutionary Guard Corps and Hizballah. Iran's plans to charge ships in Bitcoin for passage through the Strait of Hormuz have also been reported. #CryptoNews #IranSanctions #GlobalPolitics
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