US Treasury Sanctions Iran-Linked Crypto Exchanges Nobitex, Bitpin, Ramzinex, Wallex

The U.S. Treasury Department imposed sanctions on June 2, 2026, against four Iran-based digital asset exchanges—Nobitex, Bitpin, Ramzinex, and Wallex—and four Iranian nationals, according to a notice on its website. The action targets entities involved in facilitating illicit financial activity. The Treasury warned that foreign financial institutions and individuals could also face sanctions if they engage in certain transactions with the designated firms. No further details on the alleged violations were immediately provided. The sanctions come amid ongoing U.S. efforts to restrict Iran's access to the global financial system, including through cryptocurrency channels.