US Expands Sanctions on Iran's Digital Currency Networks to Curb IRGC Funding

The US has broadened sanctions targeting digital currency platforms and financial networks linked to Iran, alleging they funnel billions to the Islamic Revolutionary Guard Corps (IRGC) and evade international sanctions. This marks an escalation in financial pressure on Iran's illicit finance channels, though the specific platforms and amounts remain unverified. The move tightens the noose on IRGC funding, potentially increasing friction in US-Iran relations and affecting crypto markets.