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OFAC Sanctions Iran's Crypto Sector, Targets $100M Bitcoin Payment Network

COINOTAG·August 26, 2026·1 min read
OFAC Sanctions Iran's Crypto Sector, Targets $100M Bitcoin Payment Network

OFAC has designated Iran's digital asset sector under sanctions, targeting a $100 million crypto payment network and freezing wallets tied to state-backed hackers. The move aims to disrupt illicit financial activities and is part of broader U.S. sanctions against Iran.

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