US Treasury gathers banks to combat Iranian crypto flows
- —Operation Economic Outcast launched on August 24, covers 5 sectors, including digital assets
- —About 78 designations issued: 24 individuals, 48 organizations and 6 vessels
- —OFAC sanctioned 36 targets in the aviation sector as of September 8, 2026
- —FinCEN proposed stripping Banque Misr UAE of correspondent account access over $1.8 billion in transactions
Why it matters: Stablecoin issuers and crypto infrastructure have for the first time been systematically classified as sanctions risks, threatening new restrictions and checks.
Source: Crypto Briefing