US Hits Two Crypto Exchanges in Fresh Iran Sanctions

The United States Treasury Department has widened its ongoing crackdown on Iranian financial networks. Officials targeted two specific cryptocurrency exchanges, namely Shelbit and Aban Tether. This move comes as Washington continues its efforts to block Tehran from accessing global digital assets and foreign currencies.

The Office of Foreign Assets Control led the action. Regulators aim to stop illicit fund flows that allegedly support regional militant groups and help the government evade traditional economic penalties. Authorities increasingly view digital currencies as a key loophole that needs closing.

Market participants should watch for potential compliance updates from international platforms. Regulators continue to increase pressure on digital asset service providers to tighten their know your customer checks and block unauthorized regional traffic.