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US imposes sanctions on 14 individuals and entities aiding Iran’s weapons sector

Crypto Briefing
The US Treasury sanctioned 14 individuals and entities in Iran, Turkey, and the UAE for supporting Iran’s missile and drone programs.

Summary

The US Treasury Department's Office of Foreign Assets Control (OFAC) has imposed sanctions on 14 individuals, companies, and aircraft linked to Iran’s missile and drone sectors. Operating under Executive Orders 13382 and 13224, these measures freeze assets held in the US and prohibit Americans from conducting business with the targets, while also threatening secondary sanctions for international entities. This action is part of the ongoing “Economic Fury” campaign, which has seen five rounds of sanctions over eight months targeting procurement networks across Iran, Turkey, and the UAE. Although no cryptocurrency addresses were included in this specific round, the increasing breadth of the Specially Designated Nationals list serves as a critical compliance warning for global financial platforms and stablecoin issuers.

(Source:Crypto Briefing)