US Treasury Sanctions 2 Iran-Linked Crypto Exchanges in $5M Money-Laundering Case

US sanctions Dubai crypto exchange Shelbit over Iran financial transactions

The sanctions on Shelbit highlight escalating U.S. financial pressure on Iran, diminishing prospects for a near-term nuclear agreement. The post US sanctions Dubai crypto exchange Shelbit over Iran financial transactions appeared first on Crypto Briefing.

America Followed the Bitcoin: Inside the U.S. Crypto Crackdown on Iran

Bitcoin was once dismissed as internet money. In 2026, governments are treating it as something considerably more important: strategic financial infrastructure. Iran provides one of the clearest examples. Years of international sanctions pushed Iran to explore alternative ways of moving value outside traditional banking channels. Bitcoin became part of that system, with Iran developing a… Source

Treasury Sanctions Two More Iran-Linked Crypto Exchanges Under Its 'Economic Fury' Campaign

The US Treasury's Office of Foreign Assets Control sanctioned crypto exchanges Shelbit and Aban Tether on August 7, accusing both of moving funds for Iran's Islamic Revolutionary Guard Corps and widening a campaign that has now designated Iran-linked crypto platforms roughly every month or two since January.OFAC's numbers describe Shelbit as considerably more than a peripheral player: blockchain analytics firm TRM Labs traced more than $6.3 bill…

US sanctions exposed a $6.3 billion crypto pipeline linking Iran and Russia

On Aug. 7, US authorities sanctioned Shelbit and Aban Tether, two Iranian-linked crypto platforms accused of facilitating transactions tied to Iran’s Islamic Revolutionary Guard Corps and other state-linked entities. The Treasury Department also sanctioned Shelbit founder Siavash Kayvanpour and several companies connected to him in Georgia, Poland and the United Arab Emirates. It said IRGC-linked wallets sent more than $1 million to Shelbit addr…