U.S. Acts Against Iran’s Digital Currency Network

The United States sanctions Iranian-linked entities for funding destabilizing activities via digital assets.

On September 17, 2026, the United States intensified its efforts against Iran’s destabilizing activities by targeting two entities and three individuals involved in digital currency networks. These actions highlight how platforms, including those linked to Babak Zanjani, have facilitated the Iranian regime’s access to global financial systems. Zanjani, a known financier, has channeled funds to the Islamic Revolutionary Guard Corps through sanctions evasion. The U.S. has also sanctioned VTB Bank, one of Russia's largest financial institutions, for aiding Iran in bypassing sanctions by establishing banking ties and moving billions. This step is part of Operation Economic Outcast and is taken under Executive Order 13902, focusing on Iran's financial sector. The U.S. urges global and private sectors to prevent Iran from exploiting their platforms.