The United States has announced new sanctions against Iran targeting the country’s largest cryptocurrency exchange, Nobitex.
This information was released by the U.S. Department of the Treasury, according to Ukrinform. The sanctions target the Nobitex cryptocurrency exchange, its CEO Amir Hossein Rad, and three other digital exchanges.
Treasury Secretary Scott Bessent noted that the Iranian regime is using digital assets for corrupt purposes to circumvent sanctions and move funds out of the country, while Iran’s economy is in crisis. This is evidence of the success of President Trump’s maximum pressure campaign.
According to the U.S. Treasury Department, in 2025, Nobitex processed over 50% of all digital asset inflows from Iran, facilitating financial transactions linked to terrorist activities, as well as transactions linked to the Islamic Revolutionary Guard Corps.
In addition, Nobitex helped the Central Bank of Iran gain access to large volumes of stablecoins that supported the Iranian rial’s exchange rate, enabling regime insiders to evade sanctions and conduct transactions on international crypto exchanges.
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