US blockade of Iranian ports persists despite Trump’s claim of lift

Some Iranian crypto wallet owners may not even know yet that their money is gone. Treasury Secretary Scott Bessent disclosed Friday that the US has quietly seized roughly $1 billion in digital assets tied to Iran, a figure that has nearly tripled from earlier estimates released just weeks ago. Related Reading: Unknown Wallet Destroys $8.5 Million In Bitcoin In Shocking Burn Operation Economic Fury The seizures are part of a campaign called Operation Economic Fury, launched in March 2025, which has gone after Iranian assets on multiple fronts — freezing bank accounts, confiscating properties with European allies, and targeting cryptocurrency holdings. Bessent spoke about the effort at the Reagan National Economic Forum, describing the operation as part of a broader effort to cut off Iran financially. The $1 billion disclosure is roughly double the $500 million the Treasury Department announced in late April, and far above the $344 million figure that was made public earlier that same mo

The US's firm stance on the Strait of Hormuz may prolong geopolitical tensions, impacting global oil trade and diplomatic relations. The post US maintains hardline stance on Strait of Hormuz amid Iran tensions appeared first on Crypto Briefing.

The blockade exacerbates geopolitical tensions, disrupts global shipping routes, and heightens economic uncertainty in the region. The post US enforces strict blockade on Iranian ports, impacting Strait of Hormuz traffic appeared first on Crypto Briefing.

The post US Seizes $1B Iranian Crypto as Coinbase, JPMorgan Clash Over CLARITY Act appeared on BitcoinEthereumNews.com. Crypto News The United States has seized roughly $1 billion in Iranian cryptocurrency assets, Treasury Secretary Scott Bessent disclosed at the Reagan National Economic Forum on Friday. Bessent said federal authorities “outright grabbed the wallets,” adding that some Iranian holders may still be unaware their funds have been confiscated. Forensic investigators reportedly traced flows from regime-linked cold wallets using public ledger analysis. The newly announced figure roughly doubles the $500 million in Iranian crypto the Treasury disclosed seizing in late April and significantly exceeds the $344 million reported earlier this month. The operation underscores Washington’s intent to weaponize on-chain transparency against adversarial regimes. The seizures form part of Operation Economic Fury, a financial pressure campaign launched in March 2025 to choke off Tehran’s

Ongoing US-Iran tensions over diplomacy and the Strait of Hormuz could disrupt global oil markets and hinder potential peace negotiations. The post Iran accuses US of betraying diplomacy amid Strait of Hormuz tensions appeared first on Crypto Briefing.

US Treasury Secretary Scott Bessent said the US has seized roughly $1 billion in Iranian crypto assets, double the figure disclosed in late April.

The US Commodity Futures Trading Commission (CFTC) has now opened the path for Coinbase and other CFTC-registered exchanges to offer regulated access to global crypto derivatives markets. Related Reading: Bitcoin Tests Critical Support As Bearish Signals Point To $60,000 Retest Coinbase Offers Access To Global Crypto Derivatives On Friday, Coinbase announced that its subsidiary, Coinbase Financial Markets (CFM), has become the first US-regulated Futures Commission Merchant (FCM) to offer its domestic clients access to global crypto derivatives markets. Crypto derivatives account for roughly 80% of global crypto trading volume, Coinbase explained, with options, perpetual futures, and other instruments driving most of that activity across international venues. However, US customers haven’t had regulated access to this multi-trillion-dollar market until now. As a result, some institutional customers had to establish offshore entities to access these markets and take on additional counterp

OKX and Korea Investment & Securities have joined the list of companies investing in South Korean crypto exchanges after agreeing to acquire a 20% stake each in Coinone, one of the country’s largest platforms. Related Reading: Ripple CEO Says Voters, Trump Defeated The ‘Anti-Crypto Army’ OKX, KIS Become Coinone’s Third-Largest Stakeholders On Friday, Coinone announced […]