US plans tougher Iran sanctions as Pakistan launches virtual asset licensing
A daily crypto news roundup from WuBlockchain covered five separate developments across geopolitics, regulation, treasury holdings, blockchain operations, and exchange compliance. The first item focused on Washington’s plan to tighten economic sanctions on Iran, with US Treasury Secretary Scott Bessent saying more measures would be announced next Monday. Iran responded with a warning that any new US threat would face a "devastating" response, while also calling the sanctions "economic terrorism." The report added that pressure on Iranian oil exports has already disrupted shipments to China and raised concern about global energy supply. The second item said Pakistan’s virtual asset licensing regime has formally gone live. The Pakistan Virtual Assets Regulatory Authority said existing virtual asset service providers must file for an NOC by Sept. 5 under Section 70 of the Virtual Assets Act, 2026, or cease operations. PVARA has also opened sandbox and other licensing tracks for different categories of firms and new applicants. Other items included data showing Strategy’s 840,447 BTC position has turned into an unrealized profit of about $192 million, while BitMine’s ETH holdings remain deeply underwater; an unexplained incident that halted MANTRA Chain and froze transactions and endpoints; and a New York Times report that two Binance employees detained in the UAE have now been released.








