Treasury Secretary Bessent: US is now targeting Iran's access to crypto.

Treasury Secretary Scott Bessent has stated that the United States is actively targeting Iran's access to cryptocurrency, signalling a deliberate expansion of sanctions enforcement into digital asset channels. The statement marks one of the most direct acknowledgements from a sitting Treasury chief that crypto is now a front-line tool in US sanctions strategy.

The move reflects growing concern in Washington that sanctioned states are using decentralised networks to circumvent traditional financial restrictions. Exchanges, stablecoin issuers, and on-chain infrastructure providers operating globally should expect tightened compliance pressure as Treasury follows through.