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US Treasury Locks Down $130 Million in Iranian Cryptocurrency Accounts
The United States Treasury Department locked down over $130 million across multiple cryptocurrency wallets associated with Iranian entities through newly imposed sanctions. Officials from the Treasury indicated the enforcement action focused on accounts linked to the Central Bank of Iran. This measure represents a broader strategy to restrict digital currency networks allegedly involved in unauthorized financial operations. The Office of Foreign Assets Control added several cryptocurrency wallets with Iranian connections to its sanctions list under the latest enforcement program. Treasury Secretary Scott Bessent ... (full story)
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From decrypt.co | 11 min ago
The U.S. Treasury's Office of Foreign Assets Control sanctioned multiple cryptocurrency wallets tied to Iran's Central Bank and the Islamic Revolutionary Guard Corps on Tuesday, with stablecoin issuer Tether freezing over $131 million across four addresses on the Tron blockchain. Treasury Secretary Scott Bessent confirmed the move in a post on X, vowing the ...
US CENTCOM: : AT 6 A.M. ET TODAY, U.S. CENTRAL COMMAND FORCES BEGAN LAUNCHING A WAVE OF STRIKES AGAINST IRAN. - RTRS $CL
U.S. launches fresh wave of strikes on Iran, as analysts warn conflict risks becoming forever war The U.S. launched a fresh round of strikes on Iran early Wednesday morning, hours after President Donald Trump warned military strikes would intensify next week if Tehran does not cooperate in peace talks. U.S. Central Command said in a post on X on Wednesday that it had begun launching a wave of strikes against Iran at 6 a.m. ET. The strikes are designed to further degrade military capabilities Iranian forces have used to attack commercial shipping in the Strait of Hormuz, it said. Centcom had carried out more strikes against Iran on Tuesday. Tehran, meanwhile, has launched attacks on multiple Gulf countries. In an interview with Fox News on Tuesday evening, Trump hinted that the conflict was more likely to intensify than de-escalate as a fragile ceasefire agreed last month continues to fracture.
The Producer Price Index for final demand fell 0.3 percent in June, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices advanced 0.6 percent in May and 1.1 percent in April. (See table A.) On an unadjusted basis, the index for final demand increased 5.5 percent for the 12 months ended in June. The June decline in the ...