‘We Know Where It Is’: Treasury Secretary Threatens To Freeze $1B of Iran’s Crypto

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U.S. Treasury Secretary Scott Bessent said authorities have identified roughly $1 billion in Iranian cryptocurrency and could freeze or seize it, signaling increased scrutiny of crypto linked to sanctioned entities. Separately, a French finance panel backed a proposal to tax Bitcoin-to-stablecoin swaps beginning in 2027, though it is not yet enacted. Together, the reports point to expanding government oversight of crypto, with potential implications for Bitcoin’s use in cross-border transfers and tax treatment.

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https://bitcoinmagazine.com/news/treasury-to-seize-one-billion-of-iran-cryptohttps://cryptobriefing.com/french-finance-panel-backs-taxing-bitcoin-to-stablecoin-swaps-in-2027-budget/

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