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The United States sanctioned Nobitex and other Iranian cryptocurrency exchanges as part of its "Operation Economic Fury". - CoinFeed
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The United States sanctioned Nobitex and other Iranian cryptocurrency exchanges as part of its "Operation Economic Fury".

June 3, 2026
CoinFeed News

CoinFeed reported on June 3 that, according to The Block, the U.S. Treasury Department imposed sanctions on Nobitex, Iran's largest cryptocurrency exchange, and three other domestic trading platforms on Tuesday as part of the Trump administration's "economic rage" campaign against Iranian financial networks. The Treasury Department's Office of Foreign Assets Control (OFAC) stated that Nobitex will handle more than 50% of all digital asset inflows into Iran by 2025 and plays a key role in sanctions circumvention, terrorist financing, and transactions linked to the Iranian Islamic Revolutionary Guard Corps. The sanctions also extend to Nobitex's chairman and co-founder, current CEO, and two co-founders. The Treasury Department also sanctioned Wallex, Bitpin, and Ramzinex, accusing them of facilitating transactions for the Revolutionary Guard and other sanctioned entities.

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