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US says it seized $1bn in Iranian cryptocurrency assets
29 May 2026 21:03 BST
US Treasury Secretary Scott Bessent says Washington has seized $1bn worth of Iranian cryptocurrency assets as part of its economic campaign against the Islamic Republic. The claim could not be independently verified.
Speaking at the Reagan National Economic Forum, Bessent said the asset seizures formed part of the financial pressure strategy pursued by President Donald Trump during its war on Iran.