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Scott Bessent says Iran’s actions alone won’t end conflict as Treasury launches ‘Operation Economic Outcast’

Crypto Briefing·August 25, 2026·1 min read
Scott Bessent says Iran’s actions alone won’t end conflict as Treasury launches ‘Operation Economic Outcast’

US Treasury Secretary Scott Bessent launched Operation Economic Outcast, targeting nearly 60 Iranian entities including crypto facilitators. Bessent said Iran's actions alone won't end the conflict. The operation aims to disrupt financial networks supporting Iran, with crypto facilitators among the targets, signaling increased regulatory scrutiny on digital assets.

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