The U.S. Treasury announced that it has taken action to disrupt and weaken the Iranian government’s unlawful financial activities, including the misuse of digital assets.

According to Scott Bessent, U.S. Treasury Secretary, the Office of Foreign Assets Control (OFAC) of the U.S. Treasury sanctioned several digital wallets linked to Iran’s Central Bank today, resulting in more than $130 million in cryptocurrency assets being frozen.

The U.S. Treasury emphasized that it will pursue payment transfer channels aggressively and will not allow the Islamic Republic of Iran to access revenues generated by its unlawful financial schemes.