Washington: The United States imposed sanctions on two digital asset exchanges and a network of companies it accused of helping Iran launder billions of dollars, evade sanctions and support the Islamic Revolutionary Guard Corps. The action targets six entities and one individual across Iran, Georgia, Poland and the United Arab Emirates. Kayvanpour operates the Shelbit Exchange through SHPS Shelbit, a company based in Georgia, according to the Treasury. “The Iranian regime’s reliance on digital assets and shadow banking networks is further evidence that Economic Fury is working,” Treasury Secretary Scott Bessent said. Tens of millions of dollars in digital assets linked to that operation were allegedly laundered through the exchange.