US adds Iran shadow banking and crypto networks to sanctions lists & removes counter-narcotics designations

10 August 2026

The US has added 5 people and 13 entities to its EO 13902 Iran and EO 13224 counterterrorism sanctions lists – currency networks press release; crypto press release.

The US added 4 people and 7 entities to its EO 13902 list for being part of a currency network that helps Iran's Shahr Bank recover oil revenue held overseas. Those designated included Dubai exchange house fronts Titan Exchange and Alps International L.L.C-FZ, shell companies in Hong Kong, Singapore and the UAE, and 4 Iranian nationals.

The US also added digital asset exchanges used to launder funds for the Islamic Revolutionary Guard Corps (IRGC). Those designated include Aban Tether, the Shelbit Exchange network and its operator Siavash Kayvanpour.

5 people and 3 entities based in Colombia and Mexico were removed from the US counternarcotics sanctions list. The US did not provide reasons for delisting.