#nobitex-bitpin News & Analysis

OFAC Sanctions Nobitex and Major Iranian Cryptocurrency Exchanges in Sweeping Evasion Crackdown

The U.S. Treasury Department's OFAC designated four major Iranian cryptocurrency exchanges, including Nobitex and Bitpin, in a significant enforcement action targeting sanctions evasion. This marks an escalation in regulatory pressure against cryptocurrency platforms facilitating transactions with Iranian entities and represents a critical test of compliance infrastructure in the digital asset space.