Trump Signs Sanctions Bill Targeting Russia and Iran

The significance here is less the signing than the mechanism: sanctions, tariffs and prohibitions against Russia are now statutory rather than discretionary, which narrows the executive branch's room to ease them later without Congress. Iran measures are extended, not newly created, so the marginal change there is smaller. For crypto and RWA markets, the practical question is whether secondary enforcement reaches intermediaries that have so far sat outside the sanctions perimeter — compliance teams, not traders, will feel this first. Whether the tariff component is applied as written, or softened in implementation, is the open question.