The Economic Times

US sanctions on six entities, one individual linked to Iran's illicit digital asset network following Strait of Hormuz attacks

The United States imposed sanctions on six entities and one individual linked to Iran's digital asset network. These measures followed Iran's recent attacks on commercial vessels in the Strait of Hormuz. The sanctions target digital asset exchanges used by the Iranian regime for financial connectivity. The US also offers a reward for information on Iran's Revolutionary Guard Corps financial mechanisms.