Treasury just dropped Iran sanctions that target the entire digital asset sector — not specific wallet addresses. This creates a messy compliance headache. You can screen individual addresses, but how do you filter an entire category?
They're citing over $100 million in crypto payments as justification. Expect major exchanges and platforms to overreact and tighten restrictions way beyond what's technically required. When regulators draw vague lines, institutions always err on the side of blocking more than they should.
This isn't just about Iran. It sets a precedent for how governments can blanket-ban crypto activity by sector rather than by specific bad actors. Much harder to challenge, much easier to expand.
They're citing over $100 million in crypto payments as justification. Expect major exchanges and platforms to overreact and tighten restrictions way beyond what's technically required. When regulators draw vague lines, institutions always err on the side of blocking more than they should.
This isn't just about Iran. It sets a precedent for how governments can blanket-ban crypto activity by sector rather than by specific bad actors. Much harder to challenge, much easier to expand.