US Treasury Secretary: Entities Helping Iran Launder Money Will Be Cut Off from the Dollar System, as New Sanctions Target Five Key Areas

Odaily News: Bitcoin News posted on X platform, "The clock has started ticking," as US Treasury Secretary Scott Bessent will take measures against those conducting Bitcoin transactions with Iran. Scott Bessent issued a warning to 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 areas in which Iran operates overseas: digital assets, technology, gold, aviation, and shipping. Scott Bessent stated that these measures expand the scope of secondary sanctions risk, and any entity that continues to do business with the regime will face related risks.