
The U.S. Department of the Treasury’s Office of Foreign Assets Control designated Nobitex, Iran’s largest digital asset exchange, along with three other Iranian crypto trading platforms for enabling terror finance and facilitating sanctions evasion. The designations block any assets under U.S. jurisdiction and generally prohibit U.S. persons from transacting with the named exchanges. These actions complement recent U.S. sanctions on oil shipping and refining networks, reflecting a broader push to choke off Iran’s revenue both in traditional energy exports and via digital asset channels.
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