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US Sanctions Iran's Largest Crypto Exchange Over IRGC Links

Published Tuesday, June 2, 2026 · Updated June 3

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Coverage is limited to a single center-right perspective, focusing on the US Treasury's justification for the sanctions.

Media Analysis

AI synthesis

The United States has sanctioned Nobitex, Iran's largest cryptocurrency exchange, citing allegations that Iran uses digital assets to evade sanctions and transfer wealth, particularly for the Islamic Revolutionary Guard Corps (IRGC).

What We Know — Key Points

  • The United States imposed sanctions on Nobitex, identified as Iran’s largest cryptocurrency exchange, on Tuesday.
  • The US Treasury justified these sanctions by alleging that Iran uses digital assets to evade existing sanctions and transfer wealth, specifically for the Islamic Revolutionary Guard Corps (IRGC).

What Is Claimed — Perspectives

  • The Jerusalem PostCenter-Right

    The Jerusalem Post reports on the US sanctions against Nobitex, Iran's largest cryptocurrency exchange, detailing the US Treasury's justification that Iran uses digital assets to bypass sanctions and fund the IRGC.

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  • Key points, perspectives, bias labels, and categorisation may contain errors.
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