Macro· ★★★· neutral· October 17, 02:33

US blocks $25B in Iranian oil exports, freezes $350M in crypto assets

—US blocked $25 billion in Iranian oil exports
—About $350 million in Iranian crypto assets frozen
—Announced by CENTCOM commander Adm. Brad Cooper
—Markets cut odds of an early end to the blockade

Why it matters: Tighter sanctions on Iran sustain geopolitical risk and support demand for bitcoin as a hedge.

Source: Crypto Briefing

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