US SANCTIONS IRAN'S LARGEST DIGITAL ASSET EXCHANGE NOBITEX AND THREE OTHERS
What changed
US SANCTIONS IRAN'S LARGEST DIGITAL ASSET EXCHANGE NOBITEX AND THREE OTHERS
Treasury targets the exchange for facilitating transactions for Iranian entities. Sanctions also hit three additional firms tied to the network.
Why it matters
Sanctions on Iran's largest crypto exchange signal heightened geopolitical risk to digital asset markets.