Did this sweeping action fuel BTC's crashing well below $68K Tuesday?

The U.S. Treasury designated Nobitex and three other Iranian crypto platforms—along with key executives—under counterterrorism and financial-sector authorities, intensifying U.S.…

The US Treasury announced on Tuesday that two brothers had also been individually sanctioned, along with the exchange’s chief executive officer.

The department previously blacklisted two exchanges with ties to the Iranian regime after Tehran’s crackdown on protesters in January.