The U.S. Department of the Treasury announced a new round of sanctions targeting the digital assets of the Iranian regime’s Central Bank, stating that the measure has resulted in the freezing of more than $130 million in digital assets linked to the institution.
U.S. Treasury Secretary Scott Bessent said in a post on the social media platform X on Tuesday that the department is committed to disrupting and weakening the Iranian regime’s illicit financial activities, including its misuse of digital assets.
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According to Bessent, the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has sanctioned several digital wallets linked to the Iranian regime’s Central Bank, resulting in the freezing of more than $130 million in digital assets.
Bessent did not provide further details on how the assets were identified or frozen but stressed that the Treasury Department will continue tracking the Iranian regime’s assets and restrict its access to financial resources generated through what he described as illegal revenue-generating schemes.
