Washington, United States, June 2, 2026 (AFP) - US sanctions Iran's largest cryptocurrency exchange Nobitex

NAMPA / AFP

2026-06-02

The US Treasury on Tuesday issued sanctions against Nobitex, Iran's largest cryptocurrency platform, hitting a sector that has seen increased activity since the start of the war in the Middle East in February. Experts say digital asset platforms have been used to circumvent sanctions placed on Iran's Revolutionary Guards and as a financial safe haven for civilians hit by soaring inflation. Nobitex handled roughly $5 billion in transactions from 2......

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