U.S. sanctions Iranian crypto exchanges in ongoing war against the country
The U.S. Treasury Department has blacklisted four major Iranian cryptocurrency exchanges, including Nobitex, citing their involvement in sanctions evasion and support for the Islamic Revolutionary Guard Corps. This action is part of a broader U.S. campaign to restrict Iran's access to digital assets amid ongoing geopolitical tensions.
Why it matters
The sanctions highlight the increasing use of digital assets by sanctioned nations to bypass traditional financial systems and the U.S. government's aggressive efforts to monitor and disrupt these crypto-based financial channels.
Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email U.S. sanctions Iranian crypto exchanges in ongoing war against the country OFAC said it was blacklisting Nobitex and three other Iranian exchanges, as well as a few executives, citing links to terror and other crimes. By Nikhilesh De | Edited by Aoyon Ashraf Jun 2, 2026, 9:49 p.m. 2 min read Make preferred on (sina drakhshani/Unsplash) The U.S. Treasury Department blacklisted several Iranian crypto exchanges, including its largest platform Nobitex, on Tuesday as part of its ongoing campaign against the Iranian government.
The article reports on official government actions and statements from the U.S. Treasury without injecting editorial opinion, maintaining a standard journalistic tone typical of industry news outlets.
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