U.S. Treasury Sanctions Iranian Digital Asset Exchanges

The U.S. Treasury's OFAC has designated several Iran-based digital asset exchanges, including Nobitex and Wallex, under Executive Order 13902. This action warns foreign financial institutions and non-U.S. entities of potential U.S. sanctions if they engage in certain transactions with these platforms. The move underscores ongoing efforts to counter illicit financial activities in the digital asset sector and limit Iran's access to global finance.