US Sanctions Iran’s Largest Digital Asset Exchange Nobitex and 3 Others

WASHINGTON (AP) — As part of the Trump administration’s ongoing campaign to pressure Iran into a deal that would end an ongoing war with the U.S. and Israel, the U.S. placed sanctions on Iran’s largest digital asset exchange and three other exchanges, Tuesday. Included in the sanctions are Iran’s largest digital assets firm Nobitex and its chairman and co-founder, Amir Hossein Rad. Treasury says Nobitex has processed more than 50% of all Iranian digital asset income last year and supports Iran’s vast sanctions evasion network. The sanctions come as a pair of semiofficial Iranian news agencies reported Tuesday that Iran…