US Treasury Sanctions Iranian Crypto Exchanges in 'Economic Fury' Campaign

The US Treasury has taken significant steps in its 'Economic Fury' campaign by imposing sanctions on four Iranian cryptocurrency exchanges.

According to official statements, the sanctioned exchanges include Nobitex, Wallex, Bitpin, and Ramzinex. The move is aimed at cutting Iran off from the financial system and preventing the regime from developing a nuclear weapon.

The Treasury's efforts follow a series of actions taken against alleged shadow bank networks, foreign officials, and companies supporting Iran's oil trade and military activities.