US Treasury Secretary: Iran's cryptocurrency usage channels have been targeted.

U.S. Treasury Secretary Scott Bessent stated on the X platform that the Treasury Department has taken action through economic sanctions against Iran's international shadow banking infrastructure, cryptocurrency access channels, shadow fleet, weapons procurement networks, regional terrorist proxy financing, and independent Chinese refineries supporting Iranian oil trade. These actions have disrupted billions of dollars in revenue that could have been used to finance terrorism. Under the U.S. President's maximum pressure campaign, Tehran's inflation rate has doubled, and its currency has rapidly depreciated. Harq Island, Iran's main oil export terminal, is nearing its storage capacity, which will force the regime to cut oil production, resulting in an additional loss of approximately $170 million in revenue per day and causing permanent damage to Iran's oil infrastructure. The Treasury Department will continue to exert maximum pressure, and any individual, vessel, or entity assisting in illicit flows through Tehran faces the risk of U.S. sanctions.