The United States has imposed sanctions on Iranian cryptocurrency exchange Nobitex, the country’s largest digital asset platform, along with several individuals linked to it, the Treasury Department’s Office of Foreign Assets Control (OFAC) said on June 2.

Nobitex, also known as Rahkar Fanavari Nooyan and based in the Sharif Technology Tower in Tehran, was added to OFAC’s Specially Designated Nationals list under counterterrorism and Iran-related authorities. The designation falls under Executive Order 13224 and Executive Order 13902.

Three individuals connected to the exchange were added to the list. They include Mohammad Aghamir Mohammad Ali and Ali Aghamir Mohammad Ali, both…