The Iranian government holds approximately $7.7 billion in digital assets

FOXBusiness reporter Darren Botelho cited the latest estimate from a threat detection data company that the Iranian government controls approximately $7.7 billion in digital assets. The U.S. Treasury Department has previously frozen approximately $500 million in Iran-related crypto assets, freezing $344 million last month alone. The CEO of 250 DigitalAsset Management said that although cryptocurrencies are often seen as a tool to evade sanctions, they actually help law enforcement agencies track down. Reported that the U.S. government may increase pressure on Iran by preventing cryptocurrency exchanges from accessing the U.S. banking system.