U.S. stablecoin regulation is moving from theory to enforcement, and issuers are about to find out what “federal oversight” actually means. June 9, 2026 is the public comment deadline for FinCEN and OFAC’s proposed stablecoin rules Permitted payment stablecoin issuers would be treated like financial institutions under the Bank Secrecy Act AML controls, sanctions screening, […]
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Washington is tightening the vise on Iran’s crypto channels, and the latest move hits four Iranian exchanges accused of helping the regime dodge sanctions, move money across borders, and keep its financial machinery alive, as detailed in new sanctions from the US Treasury. OFAC sanctioned four Iranian crypto exchanges Nobitex is accused of handling more […]
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Washington’s latest squeeze on Tehran has put crypto crackdown deepens as US targets IRGC wallets squarely in the sanctions crosshairs, with the U.S. Treasury saying it has seized nearly $1 billion in cryptocurrency linked to Iran. Nearly $1 billion in crypto tied to Iran targeted by U.S. Treasury Tether froze $344 million in USDT across […]
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The FDIC is tightening the screws on stablecoin issuers, proposing anti-money laundering and sanctions rules that would pull regulated issuers squarely into the banking compliance machine. For more context, the push is laid out in Stablecoin Regulation: FDIC Announces New Proposed AML Rules For Issuers. FDIC proposes AML and sanctions rules for supervised stablecoin issuers […]
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A federal lawsuit in New York is pressuring Tether to hand over roughly $344 million in frozen USDT tied to wallets flagged by US sanctions officials. $344 million in frozen USDT OFAC-designated IRGC-linked wallets Tether lawsuit tests centralized stablecoin power Victims seeking unpaid terror judgments The case was filed in the US District Court for […]
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The U.S. Treasury is warning that payments routed to Iran — including through crypto — can trigger sanctions enforcement, while fresh reporting puts Nobitex, Iran’s largest crypto exchange, under heavier scrutiny for alleged ties to state-linked entities. OFAC says Iran-related payments can violate sanctions, even when routed through digital assets Nobitex is facing renewed scrutiny […]
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The U.S. says it has seized and frozen nearly $500 million in Iranian crypto-linked assets as part of a wider sanctions push that is hammering Tehran’s banks, oil trade, and shadow financial network. Nearly $500 million in Iranian crypto assets reportedly seized Operation Economic Fury targets crypto, banks, property, oil, and shipping Scott Bessent: “We […]
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Washington has frozen about $344 million in crypto tied to Iranian-linked wallets, a sharp reminder that centralized stablecoins are not a magical escape hatch from sanctions. The move, which followed Tether’s own freeze of the same funds, hits wallets reportedly connected to the Islamic Revolutionary Guard Corps (IRGC) and Hizballah. $344 million frozen in Iran-linked […]
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OFAC Sanctions Crypto Addresses Linked to Russia’s Garantex to Disrupt Houthi Financing The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has imposed sanctions on eight cryptocurrency addresses linked to Russia’s Garantex exchange, aiming to disrupt the Houthi movement’s financial operations. These addresses facilitated nearly $1 billion in illegal money transfers, with over $45 […]
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U.S. Texas Court Revokes Sanctions on Tornado Cash Amid Legal Battle – Sanctions on Tornado Cash reversed – TORN token surges over 180% – OFAC accused Tornado Cash of laundering funds for Lazarus Group – Fifth Circuit Court rules OFAC overstepped authority – Alexey Pertsev remains in custody on money laundering charges Can privacy tools […]
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