OFAC Targets Iran's Crypto Sector with Sweeping Sanctions

The U.S. Treasury's Office of Foreign Assets Control (OFAC) has expanded its sanctions on Iran to include the country's digital asset sector, as part of a new campaign called Operation Economic Outcast.

This marks a significant escalation in efforts to curb Iran's use of cryptocurrency to evade financial restrictions.

According to OFAC, over 50% of the total value received in Iran's crypto economy during Q4 2025 exceeded $3 billion, and was tied to IRGC-associated wallets.