Unraveling the Nobitex Mystery: How Irans Leading Crypto Exchange Sidesteps the OFAC Blacklist

Highlights: Nobitex, Iran’s leading cryptocurrency exchange, operates amidst restrictive internet conditions, facilitating vast financial flows. Despite investigations into its connections to the Iranian elite and links to sanctioned entities, Nobitex remains off the U.S. Treasury's SDN list. The platform serves both individual users and the Iranian state, showcasing the complexities...