Financial Sanctions; US freezes over $130 million in Islamic Republic assets

Elaha Wed Jul 2026 2 months ago 617

Scott Bessent, the U.S. Treasury Secretary, said that this country will continue its actions to counter the Islamic Republic's illicit financial activities, including the use of digital assets. According to him, the goal of these actions is to disrupt and weaken financial networks tied to the Iranian government.


According to Bessent, the Treasury Department's Office of Foreign Assets Control has placed several digital wallets linked to the Islamic Republic's Central Bank on the sanctions list, resulting in the blocking of more than $130 million in assets.


The U.S. Treasury Secretary also emphasized that this department will rigorously monitor the Islamic Republic's financial pathways and will continue its actions to prevent the Iranian government from accessing revenues derived from illicit activities.

The U.S. Department of the Treasury announced that, as part of new actions against the Islamic Republic, it has sanctioned several digital wallets linked to the Central Bank of Iran; an action that has led to the blocking of more than $130 million in assets belonging to the Islamic Republic.

ilaha

Maybe you are interested

    Comments

Leave a Reply

About Us

Address 2933 41k St
London, UK

Contact
+1 (825) 973-2079
[email protected]

News Letter

Latest Tweet

Popular Categories

Education Sport War Afghanistan Agriculture World Women USA Election