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US Treasury Sanctions Iranian Crypto Exchanges Including Nobitex for Terrorist Financing

DE
Decrypt Editorial
(10:55 PM UTC)
1 min read
JM
Reviewed byJames Mitchell

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.…

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