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US sanctions Nobitex and other Iranian crypto exchanges under 'Economic Fury' campaign

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The Block Editorial
(08:50 PM UTC)
1 min read
DK
Updated byDavid Kim
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The U.S. Treasury Department on Tuesday sanctioned Nobitex, Iran's largest crypto exchange, along with three other trading platforms based in the country as part of the Trump administration's "Economic Fury" campaign against Tehran's financial networks.

The Treasury's Office of Foreign Assets Control, better known as OFAC, said Nobitex "processed over 50 percent of all Iranian digital asset…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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