The U.S. Treasury just hit Iran’s entire crypto industry with sweeping sanctions — targeting foreign exchanges, brokers, and services that touch Iranian crypto activity. This move, part of “Operation Economic Outcast,” aims to shut down Iran’s growing use of digital assets to evade sanctions — especially for IRGC-linked transactions. With billions flowing through Iranian crypto wallets, the Treasury is sending a clear message: anyone helping Iran’s crypto economy faces serious consequences. It’s a major escalation in the U.S. fight to cut off Tehran’s financial lifelines.

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