US imposes sanctions on Iran's largest crypto exchange over IRGC links
Washington announced sanctions against Iran’s biggest cryptocurrency exchange on Tuesday, accusing it of enabling the Iranian government and blacklisted state institutions to evade western sanctions. Nobitex had become a central node in a shadow financial system used to process hundreds of million
AI Translated Summary:
The US has sanctioned Iran's largest cryptocurrency exchange, Nobitex, for allegedly facilitating the Iranian government's evasion of Western sanctions. This move highlights the ongoing tensions between the US and Iran, particularly regarding financial systems linked to the IRGC.
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