Bessent names digital assets among possible targets in Iran sanctions push

U.S. Treasury Secretary Scott Bessent has said digital assets, airlines and the maritime industry could face new measures as the Trump administration prepares to increase economic pressure on Iran. Summary Scott Bessent said digital assets, airlines and the maritime industry could face new U.S. measures targeting Iran. The Treasury secretary warned governments and businesses against providing economic support to Tehran. More sanctions against Iranian banks could come this week, while airline leasing companies are another possible target. The U.S. has already frozen or seized hundreds of millions of dollars in Iran linked cryptocurrency and sanctioned exchanges and wallets tied to Tehran. Reuters reported Wednesday that Bessent identified the three areas as possible targets while Washington considers further action against Tehran, with Iranian banks and companies involved in aircraft leasing potentially facing new restrictions as well. The comments came as the administration seeks to cut Iran off from companies and countries that continue to provide economic support. Asked about Russia’s backing for Tehran during an interview with Fox News following this week’s G20 gathering in Nort...