In brief
- The U.S. Treasury Department’s Office of Foreign Assets Control designated four Iranian cryptocurrency exchanges for sanctions violations.
- Nobitex, Iran’s largest digital asset exchange, was among the sanctioned platforms alongside Wallex, Bitpin, and Ramzinex.
- The Treasury alleged that the platforms facilitated terrorist financing, sanctions evasion, and ransomware payments.
The U.S. Treasury Department’s Office of Foreign Assets Control designated Nobitex, Iran’s largest digital asset exchange, along with three other Iranian cryptocurrency platforms for allegedly facilitating terrorist financing and sanctions evasion.
The Treasury Department alleges Nobitex processed more than 50% of all Iranian digital asset inflows in 2025…
