U.S. Treasury Expands Sanctions on Iran, Including Digital Assets and Gold

Expansion of Sanctions Against Iran

On the 24th, U.S. Treasury Secretary Scott Bessent announced the initiation of a new economic sanctions program against Iran, named 'Operation Economic Outcast.' Bessent referred to this initiative as the 'economic D-Day,' as reported by CBS News and other U.S. media outlets.

The program broadens the scope of secondary sanctions to entities dealing with Iran, incorporating multiple sectors such as cryptocurrencies, gold, aviation, technology, and maritime into the new sanctions list. B...