The Nobitex Dilemma: How Iran's Biggest Crypto Exchange Stays Off the OFAC Blacklist

How Iran’s biggest crypto exchange stays off the OFAC blacklist - Invest In Crypto News

Iran’s internet formally remained part of global routing, but user activity fell almost to zero. That points to a managed restriction on citizens’ access to the external network. Source: IODA. But in that digital darkness, one vital financial service continued to operate without interruption: Nobitex, a cryptocurrency exchange linked to Iran’s ruling elite. We compiled the available information about the platform and tried to understand how Iran…

Iran’s Biggest Crypto Exchange Nobitex Dodges U.S. Sanctions as Tehran Cuts Internet

Nobitex kept trading. That’s the headline. Iran’s biggest cryptocurrency exchange stayed operational through an internet blackout that left most of… Read the original on Iran’s Biggest Crypto Exchange Nobitex Dodges U.S. Sanctions as Tehran Cuts Internet. For more crypto news and analysis, visit TheCurrencyAnalytics.com.

Nobitex: Iran's Largest Exchange Stays Off OFAC Blacklist

The Nobitex dilemma: How Iran's biggest crypto exchange stays off the OFAC blacklist

We compiled the available information about the platform and tried to understand how Iranian authorities use it, what investigations by analytics firms have revealed, and why, despite all these findings, the exchange is still not on OFAC's SDN List.