{"id":97779,"date":"2026-06-02T20:33:02","date_gmt":"2026-06-02T20:33:02","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=97779"},"modified":"2026-06-02T20:33:02","modified_gmt":"2026-06-02T20:33:02","slug":"us-treasury-cracks-down-on-crypto-ties-to-iran-4-exchanges-receive-new-sanctions","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=97779","title":{"rendered":"US Treasury Cracks Down On Crypto Ties To Iran: 4 Exchanges Receive New Sanctions"},"content":{"rendered":"
\n

The US Treasury has announced a new round of Iran-related sanctions targeting crypto channels used to move value across borders, with Treasury officials arguing that Iran has turned to digital asset tools to bypass restrictions and maintain access to international funds.<\/p>\n

New Iran Sanctions On Crypto Exchanges<\/h2>\n

The Treasury\u2019s Office of Foreign Assets Control (OFAC) said <\/a>Tuesday\u00a0 it designated Nobitex, described as Iran\u2019s largest digital asset exchange, along with three other Iranian exchanges, as part of an initiative branded \u201cEconomic Fury.\u201d<\/p>\n

\u00a0The Treasury positioned the designations as part of the Trump administration\u2019s broader effort to reduce what officials call the threat posed by the Iranian regime.<\/p>\n

According to the OFAC release, Nobitex provided substantial assistance to the regime by processing more than half of all Iranian digital asset inflows in 2025.\u00a0<\/p>\n

Treasury officials also said the platform facilitated payments tied to Iran\u2019s terrorist activities, sanctions evasion efforts, and transactions linked to the Islamic Revolutionary Guard Corps (IRGC).\u00a0<\/p>\n

In addition, Treasury claims Nobitex helped the Central Bank of Iran access \u201chundreds of millions of dollars\u201d in stablecoins, which were used to support the plummeting value of the Iranian rial.\u00a0<\/p>\n

The exchange, the release adds, also enabled regime insiders to reach international digital asset exchanges and evade sanctions across multiple jurisdictions.<\/p>\n

Binance Pushes Back<\/h2>\n

In remarks tied to the announcement, Treasury Secretary Scott Bessent said Iran\u2019s economy is \u201cin free fall,\u201d but that the regime has nevertheless sought to \u201cco-opt digital asset technologies\u201d for what he described as a corrupt agenda\u2014specifically to evade US sanctions.\u00a0<\/p>\n

Bessent concluded his comments by saying that the Treasury intends to keep \u201cfollowing the money\u201d to stop the regime from developing a nuclear weapon. He said this approach would extend beyond the traditional banking system and reach \u201cthrough digital assets\u201d as well.\u00a0<\/p>\n

While the OFAC designations focused on Iranian exchanges, scrutiny has been spreading beyond Iran\u2019s borders. Bitcoinist previously reported <\/a>that attention has also rippled to Binance, the world\u2019s largest cryptocurrency exchange.\u00a0<\/p>\n

In a February 24 letter to Binance co-CEO Richard Teng, Senator Richard Blumenthal cited reports suggesting the company enabled \u201clarge-scale violations\u201d of US and international sanctions involving Iran.<\/p>\n

Blumenthal wrote that Binance appeared to have ignored warnings and recommendations intended to prevent Iranian money-laundering schemes. He alleged that the crypto exchange allowed approximately $1.7 billion in transfers connected to Iran.\u00a0<\/p>\n

Binance, for its part, rejected the allegations ahead of the senator\u2019s inquiry. In a statement dated February 22, the company said it conducted an internal review and found \u201cno evidence of violations of applicable sanctions laws.\u201d\u00a0<\/p>\n

\"Crypto\"<\/p>\n

Featured image created with OpenArt; chart from TradingView.com\u00a0<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The US Treasury has announced a new round of Iran-related sanctions targeting crypto channels used to move value across borders, with Treasury officials arguing that Iran has turned to digital asset tools to bypass restrictions and maintain access to international funds. New Iran Sanctions On Crypto Exchanges The Treasury\u2019s Office of Foreign Assets Control (OFAC) […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-97779","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/97779","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=97779"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/97779\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=97779"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=97779"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=97779"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}