U.S. Sanctions Iran’s Largest Crypto Exchange Nobitex in Escalating Economic Pressure

BTCC / BTCC Square / Global Cryptocurrency /

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2026-06-03 12:25:02

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The U.S. Treasury Department has imposed sanctions on Iran's largest cryptocurrency exchange, Nobitex, along with three other platforms and four individuals. The move targets what officials describe as Tehran's use of digital assets to evade sanctions and transfer wealth abroad.

Nobitex processed over 50% of Iran's crypto inflows in 2025, becoming a critical financial conduit for the sanctioned nation. The action forms part of Washington's ongoing 'maximum pressure' campaign against Iran's nuclear program.

While no specific cryptocurrencies were named in the sanctions, the measure underscores growing regulatory scrutiny of cross-border crypto flows. The Treasury warned it would continue tracking both traditional and digital financial channels to curb prohibited activities.

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