By Chayanika Deka The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned Nobitex, Iran’s largest digital asset exchange, along with three other Iranian crypto exchanges. The move is part of the Donald Trump administration’s Economic Fury campaign aimed at increasing economic pressure on Tehran. The Treasury’s sanctions apply to Nobitex, […]
Tag: IRGC
By Emir Abyazov Key highlights: Millions in Iran and Venezuela now use stablecoins daily as banks and national currencies lose trust. The same digital dollars that protect families’ savings are also used to move money around global sanctions. Governments and state companies are increasingly using stablecoins for payments when traditional systems fail. Political upheavals in […]