US sanctions Iran's Nobitex, targeting cryptocurrency infrastructure in 'Economic Fury' campaign

The United States has Iran's Nobitex, expanding pressure on the country from physical trade networks into cryptocurrency infrastructure as part of what the source describes as an 'Economic Fury' campaign. The move may further isolate Iran from global financial systems, deepen economic strain and increase geopolitical tensions. It also sharpens attention on how crypto platforms can become part of sanctions enforcement efforts, adding compliance risks for exchanges, payment intermediaries and other firms exposed to cross-border digital-asset flows linked to sanctioned jurisdictions.

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