US Treasury Sanctions Crypto Addresses Linked to Cuba Amid Growing Regulatory Pressure

The US Treasury's Office of Foreign Assets Control (OFAC) has sanctioned multiple cryptocurrency addresses linked to Cuban entities, expanding its reach into major blockchain networks like Bitcoin, Ethereum, and Solana.

This move comes as Tether froze $131 million in USDT on the Tron network, linked to parties sanctioned by OFAC. This highlights the risks of centralized stablecoin control.

The actions underscore increasing regulatory enforcement in crypto, with geopolitical tensions and stablecoin freezes adding market uncertainty.