US Treasury Sanctions Two Iranian Crypto Exchanges

The United States Treasury Department has placed sanctions on two Iranian cryptocurrency exchanges as part of its ongoing Economic Fury campaign. Officials stated that these platforms played a direct role in moving funds for sanctioned groups.

Investigators tracked more than 3 million dollars in suspicious transfers between an exchange named Shelbit and digital wallets linked to the Iranian Revolutionary Guard Corps. This move highlights how authorities are watching illicit crypto flows much closer than before.

Traders and compliance teams should expect tighter scrutiny on cross border transactions involving high risk jurisdictions. Watch for further regulatory announcements as global agencies target unauthorized digital asset networks.