Iranian Bitcoin sanctions set new precedent

Last week, the U.S. Treasury Department of Foreign Assets Control (OFAC) targeted two bitcoin addresses, announcing that the wallets associated Iranian citizens Ali Khorashadizadeh and Mohammad Ghorbaniyan had been added to the Specially Designated Nationals sanctions list.
The sanctions, which are the first of their kind, are part of a wider move to track and restrict movements in the digital space involving money laundering and cybercrime.
Additionally, the OFAC noted that the agency would be