Tag: economic sanctions
3 articles
US Targets Shelbit in $6bn Crypto Sanctions Crackdown
The US Treasury Department has cracked down on crypto sanctions, targeting Shelbit, a shadowy crypto conduit, and its founder Siavash Kayvanpour in a $6bn blow to Iran's financial apparatus. This move underscores the Treasury's determination to disrupt Tehran's reliance on digital assets and secret banking networks.
US, Allies Scramble to Disrupt China's Critical Mineral Dominance
China's grip on critical minerals has sent shockwaves through the market, with prices skyrocketing 250 percent since Beijing introduced export controls in April 2025 - and the threat of a sudden flood of supply looms large, as China can flip the switch and crush prices at any moment.
US Sanctions Nobitex Crypto Exchange Over Terrorism Financing Links
The US Treasury has sanctioned Nobitex, Iran's largest crypto exchange, and several top executives, citing its role in supporting the regime and processing over 50% of Iranian digital asset inflows. This move is part of a broader effort to crack down on terrorism financing through cryptocurrency.