U.S. Treasury Sanctions Nobitex and Three Iranian Exchanges
U.S. Treasury sanctions Nobitex handling 50%+ of Iran crypto inflows in 2025 over sanctions evasion and IRGC ties.
SourceAnalysis
U.S. Treasury sanctions four Iranian crypto exchanges including Nobitex, Iran's largest platform that captured over 50% of the country's crypto inflows in 2025. The action cites repeated sanctions evasion, direct links to IRGC transactions, and use of crypto to move regime funds.
Kashif Raza
@simplykashifThis personal account shares perspectives on technology startups and digital innovation, with content spanning AI advancements, software development trends, and entrepreneurial strategies for building tech-focused businesses.