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US Treasury Freezes $344 Million Iran-Linked Digital Assets

Doha: The US administration announced it has frozen digital assets worth $344 million that it says were linked to Iran. Secretary of Treasury Scott Bessent said on X that the move was part of Washington's efforts to increase pressure on Tehran amid disruptions to energy supplies caused by the war in the Middle East. He affirmed that the Treasury Department would continue to systematically undermine Iran's ability to generate, move, and repatriate funds.

According to Qatar News Agency, Bessent noted that his department had imposed sanctions on several digital wallets linked to Iran, leading to the freezing of these funds.