Bloomberg

US Sanctions Iran’s Top Crypto Exchange in Ongoing Push for Deal

US Sanctions Iran’s Top Crypto Exchange in Ongoing Push for Deal

Title: US Imposes Sanctions on Leading Iranian Crypto Exchange Amidst Continued Negotiation Efforts

The United States Treasury Department, headquartered in Washington, DC, announced on Friday, April 17, 2026, that it has sanctioned Iran’s premier cryptocurrency exchange. This move is part of the administration’s ongoing efforts to secure a diplomatic deal.

In a separate economic development, the Federal Reserve stated on Monday that it intends to purchase approximately $25 billion worth of Treasury bills on a monthly basis. This amount reflects a more significant reduction than markets had expected in the wind-down of a program designed to lower short-term funding costs by replenishing reserves within the financial system.


Source: Bloomberg Generated at: 2026-06-02 21:22:36 UTC

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