US Freezes Cryptocurrency Assets Worth IDR 5.6 Trillion Linked to Iran
Jakarta, CNBC Indonesia - The United States has frozen cryptocurrency assets worth US$344 million, or approximately IDR 5.9 trillion, linked to Iran. This step has been taken by the US amid escalating conflict that is beginning to disrupt global energy supplies.
US Treasury Secretary Scott Bessent stated that the freeze originates from several digital wallets with connections to Iran. The US government, he said, will continue to weaken Tehran’s ability to generate and transfer funds.
This policy is being implemented alongside new diplomatic efforts to de-escalate the conflict.
US envoy Steve Witkoff and Jared Kushner are scheduled to travel to Pakistan to initiate a new round of talks with Iran. These negotiations are occurring as global energy markets face pressure due to the closure of the Strait of Hormuz, a vital route for world oil distribution.
Bessent emphasised that there will be no further exceptions for Iranian oil exports. According to him, the blockade enforced by the US has effectively halted the flow of Iranian oil.
“Not for Iran,” he told The Associated Press, as quoted by CNA, on Saturday (25/6/2026). “We are enforcing the blockade, and no oil is getting out,” he added.
He estimated that within the next two to three days, Iran could begin shutting down its oil production. This situation is assessed to have a significant impact on the country’s oil wells and energy capacity.
The conflict began after a joint US-Israel attack on Iran on 28 February, which killed several key figures, including supreme leader Ali Khamenei. Since then, tensions have intensified, triggering concerns over disruptions to global energy supplies.
US officials stated that Washington is now targeting various sanction evasion methods, from shell companies to new technologies such as cryptocurrency assets. The official added that the Treasury Department is actively engaging in dialogues with financial institutions, including digital asset exchanges.