U.S. Treasury Imposes Sanctions on Two Iranian Companies, Alleges Sanction Evasion Through Digital Asset Transactions

2026/08/01 23:17 (Updated 2026/08/02 07:00)

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Written by K.Kobayashi

U.S. Treasury Imposes Sanctions on Two Iranian Companies, Alleges Sanction Evasion Through Digital Asset Transactions

Sanctions Related to Iran

On July 29, the U.S. Treasury announced that its Office of Foreign Assets Control (OFAC) has imposed new sanctions related to Iran.

The Treasury explained that it is advancing further measures against the Iranian regime's attempts to use the Strait of Hormuz as a revenue source to support Iran's faltering economy. The activities that led to these sanctions also include evasion of sanctions through the settlement of digital assets.

OFAC has this time targeted the Islamic Revolutionary Guard Corps (IRGC)...

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