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Morning Edition · Saturday, August 8, 2026Published at 1:55 AM EDT · New York
United States Sanctions Two Crypto Exchanges Over Alleged Iranian Revolutionary Guard Fund Flows
The Treasury's Office of Foreign Assets Control named Shelbit and Aban Tether, extending a campaign to cut Tehran's access to digital dollars.
The United States Treasury's Office of Foreign Assets Control (OFAC) has designated the cryptocurrency exchanges Shelbit and Aban Tether, alleging they helped Iran evade restrictions and moved funds connected to the Islamic Revolutionary Gu…
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States Turn Crypto Rails Into Sanctions Instruments
Governments increasingly track, freeze, and seize on-chain assets to enforce sanctions, turning traceable ledgers and centrally controlled stablecoins into extensions of financial statecraft rather than escapes from it.
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