U.S. Treasury Secretary Steven Mnuchin said that the Islamic Republic’s economic expulsion operation would be targeted by new sanctions, saying: “The new sanctions target five vital areas of Iran’s use of other countries; digital assets, technology, gold, aviation, and shipping.”
Mnuchin added: “Let me be clear; any entity that facilitates money laundering on behalf of Iran will be removed from the U.S. dollar system.”
The U.S. Treasury Secretary said: “The Office of Foreign Assets Control of the Treasury Department will sanction more than 60 entities, individuals and vessels around the world that help the Islamic Republic achieve illicit nuclear and missile technologies, carry out cyber operations, and generate oil revenue.”
Mnuchin said: “A specific deadline has been set for each country to stop the identified activities; if they do not take action, we will act unilaterally using the Treasury Department’s authorities. For example, all branches of Bank Melli must be closed and removed from operations
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