The United States has imposed sanctions on Shelbit, a cryptocurrency exchange based in Dubai. The platform is accused of facilitating financial transactions for Iran’s Islamic Revolutionary Guard Corps (IRGC). These sanctions are allegedly connected to a $4 billion operation involving Iranian funds. Market participants interpret these sanctions as increased U.S. pressure on Iran. Futures contracts on a U.S.-Iran nuclear deal by August 13, 2026 reflect a probability of only 0.1%.
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