US Imposes Sanctions on Nobitex and Three Other Iranian Crypto Exchanges

US sanctions target Iranian crypto exchanges Nobitex, Wallex, Bitpin, and Ramzinex.

The US Office of Foreign Assets Control (OFAC) has added the Iranian platform Nobitex, along with Wallex, Bitpin, and Ramzinex, to its sanctions list. The Treasury Department stated that in 2025, Nobitex accounted for more than half of all digital asset inflows to Iran and was used to evade sanctions and finance terrorism. The platform’s executives were also subjected to restrictions.