In an escalatory move for 2026, Treasury Secretary Scott Bessent revealed the pursuit of funds Tehran attempts to transfer via cryptocurrencies, describing digital wallets as "funding arteries" that will be completely frozen. The U.S. administration confirmed that freezing $344 million
in digital assets is part of a broad effort to disrupt Iranian evasion of traditional sanctions. These developments come after U.S. financial intelligence obtained technical data linking encrypted digital wallets to Iranian sovereign institutions, paving the way for a comprehensive
digital financial blockade coinciding with the currently imposed naval blockade.