Iran | Crypto

Tether says it helped freeze nearly $550 million in Iran-linked USDT during 2026, while Democratic investigators on a Senate subcommittee allege that delays in blacklisting some identified wallets let tens of millions of dollars keep moving. A preliminary report released Sept. 28 by Democratic minority staff of the Senate Permanent Subcommittee on Investigations analyzed 846 […] The post Tether claims $550 million in Iran freezes, but $35 million slipped past Senate appeared first on CryptoSlate.

Trump on Sunday didn’t rule out additional strikes on Iran before the midterm elections, even as he said the war could end soon.

WTI crude oil drops to $89 as reports suggest Iran could reopen the Strait of Hormuz within seven days.

The investigation is reportedly examining whether Binance knowingly allowed trading that violated US sanctions on Iran, months after reports first revealed a Justice Department probe. The Manhattan US Attorney’s Office is investigating whether Binance knowingly allowed trading that violated US sanctions on Iran, Bloomberg reported Tuesday, providing new details about a Justice Department investigation first reported in March. The Justice Department’s Criminal Division in Washington is also involved in the investigation, Bloomberg reported, citing people familiar with the matter. Asked for comment, a Binance spokesperson told Cointelegraph: “We maintain a zero-tolerance policy for sanctions violations. We fully cooperate with law enforcement, and we remain committed to rooting out and shutting down bad actors.” Read more

US Treasury says the Iranian exchange processed payments received through Iran’s Strait of Hormuz maritime scheme and helped move hundreds of millions of dollars in Bitcoin to the IRGC. US authorities on Thursday announced sanctions against Iranian crypto exchange BitBank, accusing it of processing Bitcoin paid by ships transiting the Strait of Hormuz. The US Department of the Treasury’s Office of Foreign Assets Control said that as of June, the Hormuz Safe Marine Services Authority used BitBank to transfer payments it received to the Islamic Revolutionary Guard Corps. The Treasury alleged it is part of the architecture used by Iranian financier Babak Zanjani to move hundreds of millions of dollars in Bitcoin to the IRGC. Treasury has previously alleged Hormuz Safe is part of an IRGC-backed scheme forcing vessels to buy maritime insurance for passage, including coverage against seizures by Iran itself. Read more

The September 14 complaint targets ten Tron addresses frozen in 2025 and outlines a planned transfer into FBI custody. The post Tether, Binance and a $1.5 billion Iran oil network converge in new US forfeiture case appeared first on CryptoSlate.

Bitcoin’s price rose toward $80,000 after US President Donald Trump hinted that the US-Iran war would end, pushing oil prices lower. Bitcoin (BTC) returned to $79,000 after Monday’s Wall Street open as markets dissected mixed signals over the US-Iran war. Key points: Data from TradingView showed BTC/USD erasing its weekend losses and gaining around 3% on the day. Read more

Exporters can now fund imports with overseas earnings without first selling their foreign currency at official rates, the Financial Times reported. Iran’s central bank has reportedly eased foreign currency controls to encourage businesses to bring overseas earnings home, including through cryptocurrency, amid tightening US sanctions. This includes using Tether’s USDt (USDT) and Bitcoin (BTC) to settle cross-border transactions through Iranian cryptocurrency exchanges, the Financial Times reported Wednesday. Exporters can also use their earnings to finance imports directly without first selling their foreign currency through the government’s exchange platform at official rates, the report said. Read more

Bitcoin held steady despite a broader risk-off move after the first U.S. strikes against Iran for weeks sent oil higher and stocks lower. The cryptocurrency has gained 24% this month.

The United States is threatening to eject Iran’s trading partners from the dollar system while widening its power to sanction the country’s crypto sector, escalating a financial campaign that is already testing Washington’s leverage over China. On Aug. 24, Treasury Secretary Scott Bessent launched “Operation Economic Outcast,” imposing sanctions on nearly 60 individuals, entities and […] The post US widens Iran crypto sanctions as dollar threat revives Bitcoin and gold debate appeared first on CryptoSlate.

The US Treasury expanded sanctions to Iran’s digital asset sector, alleging a UAE-based broker processed over $100 million in crypto for oil sales. The US Treasury has expanded its Iran sanctions framework to cover the country’s digital asset sector, citing more than $100 million in crypto payments allegedly used to facilitate Iranian oil sales.  On Monday, the Treasury said the Office of Foreign Assets Control (OFAC) issued sectoral sanctions determinations covering digital assets, technology, gold, aviation and shipping. The agency also sanctioned nearly 60 entities, individuals and vessels across nuclear, missile, cyber and oil networks. The digital asset determination allows OFAC to sanction foreign individuals and companies that operate in or provide services supporting Iran’s digital asset sector. The Treasury said Iran increasingly uses crypto as a “tool of choice for sanctions evasion,” including for transactions linked to the Islamic Revolutionary Guard Corps (IRGC) and government insiders.  Read mor...

Bitcoin saw new multimonth highs above $72,500 even as US stocks cooled amid US threats of “economic warfare” with Iran. Bitcoin (BTC) saw multimonth highs after Thursday’s Wall Street open while stocks dipped and bond yields rebounded on US-Iran war nerves. Key points: Read more

U.S. persons must block and report covered property while foreign institutions risk sanctions for significant continued dealings. The post US sanctions exposed a $6.3 billion crypto pipeline linking Iran and Russia appeared first on CryptoSlate.

Oil and Treasury yields fell after fresh U.S.-Iran talks eased inflation fears, but bitcoin and ether failed to catch a bid as fresh Coldcard-linked sweeps pushed observed losses to nearly $89 million.

Bitcoin traders weathered an oil-price surge and ongoing Asia chip-stock sell-off into the Federal Reserve interest-rate decision. Bitcoin (BTC) whipsawed around $64,000 on Wednesday as geopolitical and macroeconomic tensions pressured US stocks. Key points: Data from TradingView showed BTC/USD halting a local rebound at the Wall Street open, having hit 11-day lows of $62,700 the day prior. Read more

ETH outperforms BTC, hinting at potential altcoin rally, as the U.S. and Iran hold fire and oil drops.

Bitcoin fell below $65,000 as surging oil prices and higher Treasury yields triggered a broader retreat from risk assets. Data from CryptoSlate shows the largest cryptocurrency traded near $64,980 as Brent crude remained on track for a weekly gain of almost 10%. Oil settled 7% higher at $100.69 a barrel on July 23, its first […] The post Bitcoin declines below $65,000 as Trump threatens Iran after tanker attacks send Oil above $100 appeared first on CryptoSlate.

Bitcoin price forecasts diverge as US-Iran war tensions fueled an ongoing oil and bond-market surge, while July Fed rate-hike odds neared 40%. Bitcoin (BTC) fell below $65,000 on Thursday as US stocks slid amid another round of escalation in Iran. Key points: Data from TradingView showed BTC/USD hitting three-day lows of $64,799 on Bitstamp. Read more

Bitcoin and US stocks stayed strong in the face of US-Iran escalation as analysis predicted BTC price action outperforming equities later. Bitcoin (BTC) held higher on Wednesday as crypto and risk assets continued to brush off US-Iran war tensions. Key points: Data from TradingView showed BTC/USD down 1% on the day, having earlier hit five-week highs near $67,000. Read more

Bitcoin and crypto joined US stocks in brushing off US-Iran war escalation and the threat of fresh trade tariffs before the end of the month. Bitcoin (BTC) built on gains at Tuesday’s Wall Street open as crypto echoed resilient US stock markets. Key points: Data from TradingView showed BTC/USD approaching $67,000, closing in on seven-week highs. Read more