U.S. sanctions Iranian crypto exchanges in ongoing war against the country
CoinDesk·
60-second summary
The U.S. is imposing sanctions on four Iranian crypto exchanges, including Nobitex, and several executives, citing links to terrorism and other crimes. OFAC made the announcement, further escalating tensions between the U.S. and Iran. This move is expected to severely limit Iran's access to the global crypto market and restrict its ability to use digital assets for illicit activities.
OFAC said it was blacklisting Nobitex and three other Iranian exchanges, as well as a few executives, citing links to terror and other crimes.