In brief
- Treasury Secretary Scott Bessent said on Friday that the U.S. has seized roughly $1 billion worth of cryptocurrencies from Iran.
- Iran’s Islamic Revolutionary Guard Corps has reportedly embraced Bitcoin, from maritime insurance to shipping tolls.
- Actors linked to Iran have used Tether’s USDT stablecoin to move funds, Israeli authorities alleged last year.
The U.S. government has seized vast sums of cryptocurrency from entities linked to Iran’s military since the war broke out in February, according to Treasury Secretary Scott Bessent.
Speaking Friday at the 2026 Reagan National Economic Forum in Simi Valley, California, he said that some actors holding digital assets may not even know the funds are gone.
“I believe that we…
