
regulation·9d ago
US launches Operation Economic Outcast, sanctions Iran crypto networks
Treasury's Aug. 24 action targets nearly 60 entities and expands authority over Iran's crypto use.
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Treasury's Aug. 24 action targets nearly 60 entities and expands authority over Iran's crypto use.
P2P crypto platform NoOnes is closing, telling 2.5M users to withdraw funds before August 23.
OFAC listed four Iran-linked wallets, and Tether used its kill switch to freeze $131 million in USDT within hours.

Joint comment urges FinCEN and OFAC to refine AML and sanctions rules for stablecoin issuers.