#The Block

US Treasury Ramps Up Iran Sanctions, Adds Crypto to "Economic D-Day" List

The US Treasury has folded digital assets into its latest round of sanctions against Iran, lumping crypto in with aviation, shipping, and gold under what's being dubbed an "economic D-Day" operation. The Treasury says certain cryptocurrencies have been used to prop up Iran's economy.

Blockchain

Crypto Exchange Volume Doubles in Five Days, But August Still Trails July

The Block reports that crypto exchange trading volume doubled within five trading days, signaling a market activity rebound. However, August's cumulative trading volume so far still falls short of July's full-month total, meaning the recovery hasn't yet fully caught up to last month's level.