US sanctions Iran’s largest crypto exchange Nobitex and three other entities

The United States announced new sanctions targeting Iran’s biggest digital‑asset exchange, Nobitex. The measures also include three additional Iranian firms involved in cryptocurrency activities. The sanctions are part of a broader effort to curb illicit financing and sanctions evasion. Nobitex has been identified as the primary platform for crypto transactions in Iran. The Treasury Department cited concerns over the exchange’s role in supporting prohibited activities. The listed entities will face asset freezes and prohibitions on U.S. persons doing business with them. The action signals heightened scrutiny of Iran’s digital‑currency ecosystem. Officials said the restrictions aim to pressure Tehran to comply with existing sanctions.