The United States has imposed sanctions against Iran’s largest cryptocurrency exchange, Nobitex, accusing it of facilitating the circumvention of international sanctions and supporting the financial operations of the Iranian authorities. This was reported by Reuters, according to UNN.

Details

According to the U.S. Department of the Treasury, Nobitex provided “significant support” to the Iranian government and facilitated digital transactions related to the Islamic Revolutionary Guard Corps (IRGC) and the Central Bank of Iran. The sanctions also targeted the exchange’s CEO, Amir Hossein Rad, and two brothers from the Kharrazi family, whom the American side identifies as co-owners of the platform.

The new restrictions were introduced…