[69084] USA tightens financial blockade on Iran: Hundreds of millions of dollars in digital currencies blocked

USA intensifies the fight against Iran's digital financing networks

The US administration is increasing its efforts to neutralize the Islamic Republic's use of digital currencies as a means to circumvent international sanctions. According to a report from the US Treasury Secretary, as published on the Khabar-e Fouri ࡆ Akhbar-e Fouri Mozakere ࡆ Jang-e Fouri channel, the United States has succeeded in blocking transfers and holdings of digital currencies linked to Iran worth over half a billion dollars.

At the same time, a report by the Iran International network, relying on data from 'Fox Business', notes that officials in Washington estimate that Tehran holds assets under its control in digital assets amounting to approximately 7.7 billion dollars. According to Iran International, which is identified with a sharp critical stance toward the Ayatollah regime, the move is part of a comprehensive "economic pressure strategy" by Washington designed to prevent Iran from using Bitcoin and other currencies to bypass the traditional banking system, which is restricted under the sanctions regime.

The Khabar-e Fouri News | Akhbar-e Jang | Hamle Amrika channel confirmed the reports of the intensifying American pressure, indicating that financial warfare has become a central front in the tense relations between the countries. The use of cryptocurrencies has so far allowed Iran greater flexibility in international money transfers; however, it now appears that the American ability to monitor and block this activity is steadily improving.