US Sanctions Nobitex in Major Blow to Iran’s Crypto Network
US sanctioned Nobitex and 3 other Iranian crypto exchanges plus 4 Nobitex executives, for sanctions evasion. Nobitex handled over 50% of Iran’s crypto transactions in 2025, processing more than $2.45 billion in volume. The exchange allegedly facilitated IRGC and Central Bank of Iran payments to bypass Western sanctions. The US Department of the Treasury blacklisted...
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