OFAC imposed blocking sanctions against eight money services businesses based in Canada under Executive Order 13902 for operating in the digital asset sector of the Iranian economy. Treasury said the businesses facilitate transactions involving Iran, including dealings with sanctioned Iranian digital asset exchanges and addresses associated with the IRGC; several also handled funds linked to Ryan Wedding. FINTRAC confirmed coordination with OFAC and FinCEN, without announcing individual Canadian compliance actions against the eight businesses. U.S.-jurisdiction property is blocked, and the restrictions extend to entities owned 50 percent or more, individually or in the aggregate, by blocked persons.