The Treasury's OFAC targeted Shelbit and Aban Tether as Washington continues its effort to cut Tehran's access to crypto and foreign currency.
- The U.S. Treasury sanctioned crypto exchanges Shelbit and Aban Tether, saying they helped Iran move money and evade sanctions.
- The action extends a 2026 crackdown that has targeted Nobitex, other Iranian exchanges and crypto wallets linked to Iran's central bank.
- The sanctions come amid the U.S.-Iran war, raising the stakes for stablecoin issuers and exchanges handling funds connected with Iranian entities.
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The Definitive Stablecoin Landscape Series: Asia Pacific
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Why it matters :
As stablecoins move into regulated finance, APAC is becoming a key proving ground. This report maps the region’s rules, use cases, and RLUSD’s role.
Bank group sues U.S. regulator over granting crypto trust charters
SEC proposes new crypto custody rules for investment advisers and funds
Another Trump memecoin dinner advertised for token's top investors
Crypto poured years into new products. The next challenge is keeping users
The Clarity Act stalled. Bankers aren’t hitting the brakes yet on crypto dealmaking
Payments firm OpenPayd targets year-end Nasdaq listing to fund U.S. expansion and acquisitions
Original sourceCoinDesk
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