The US has sanctioned Iran’s largest cryptocurrency exchange, Nobitex, accusing it of facilitating transactions for the Central Bank of Iran and the IRGC as Washington expands its crackdown on Tehran’s digital financial networks
The United States on Wednesday sanctioned Nobitex, Iran’s largest cryptocurrency exchange, accusing it of helping Tehran circumvent Western sanctions and facilitating transactions linked to the Central Bank of Iran and the Islamic Revolutionary Guard Corps (IRGC).
The move marks one of Washington’s most significant actions against Iran’s digital asset ecosystem and underscores growing concerns that cryptocurrencies have become an increasingly important financial channel for sanctioned states seeking…
