CryptoSlate August 25, 2026

US widens Iran crypto sanctions as dollar threat revives Bitcoin and gold debate

US widens Iran crypto sanctions as dollar threat revives Bitcoin and gold debate

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 […]

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