Nobitex Sanctions Hit Iran’s Largest Crypto Exchange as Compliance Risks Grow

US sanctions Nobitex, Iran's largest cryptocurrency exchange

OFAC designated four Iranian crypto exchanges (75% of 2025 inflows, $2.3B stablecoins), severing the regime's crypto lifeline. Stablecoin networks and blockchain operators must implement real-time sanctions screening, raising compliance costs and exposing detection gaps in evasion.