US Treasury Secretary: Entities Aiding Iran Money Laundering to Be Cut Off From Dollar System, New Sanctions Target Five Key Sectors

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Odaily News: Bitcoin News posted on X that "the clock has started ticking," and US Treasury Secretary Scott Bessent will take measures against those trading bitcoin with Iran. Scott Bessent warned global financial institutions that any entity assisting Iran in money laundering will be cut off from the dollar system. The new US sanctions target five key sectors involved in Iran's overseas operations: digital assets, technology, gold, aviation, and shipping. Scott Bessent said these measures expand the scope of secondary sanctions risk, and any entity that continues to do business with the regime will face related risks.

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