Tag: blow
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US Treasury and Tether Strike Blow Against Iranian Sanctions Evasion with 344 Million Dollar Crypto Freeze and Expanded SDN Designations
The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) significantly expanded its sanctions framework against the Iranian regime on April 24, 2026, by updating the designation of the Central Bank of Iran (CBI) to include several new cryptocurrency addresses on the Specially Designated Nationals (SDN) List. This regulatory move was synchronized…
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US Treasury and Tether Strike Blow to Iranian Sanctions Evasion with Massive Crypto Freeze and Updated SDN Designations
The United States Department of the Treasury’s Office of Foreign Assets Control (OFAC) has significantly expanded its enforcement actions against the financial infrastructure of the Iranian regime, signaling a new era of public-private cooperation in the digital asset space. On April 24, 2026, OFAC officially updated its designation of the Central Bank of Iran (CBI),…
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