3 days ago

U.S. Treasury Sanctions Iran’s Nobitex Over Alleged Crypto Finance Links

TLDR The U.S. Treasury sanctioned Nobitex, which it described as Iran’s largest digital asset exchange. According to the Treasury, Nobitex handled more than half of Iranian digital asset inflows in 2025. OFAC alleged that Nobitex supported sanctions evasion, stablecoin transfers, and IRGC-linked crypto transactions. Treasury also designated Amir Hossein Rad and other Nobitex leaders in [...]

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