Treasury sanctions Nobitex and three other Iranian crypto exchanges
The U.S. Treasury designated Nobitex, Iran's largest digital asset exchange, along with Wallex, Bitpin and Ramzinex, saying Nobitex processed more than half of Iran's digital asset inflows in 2025 and handled IRGC-linked payments and sanctions evasion. The brothers who control Nobitex and its chief executive were also sanctioned; Nobitex denies direct government links.