The Nobitex dilemma: How Iran’s biggest crypto exchange stays off the OFAC blacklist

The Nobitex dilemma: How Iran’s biggest crypto exchange stays off the OFAC blacklist

The Nobitex dilemma: How Iran's biggest crypto exchange stays off the OFAC blacklist

Iran entered the final night of February 2026 under a near-total internet shutdown. In the wake of a joint strike by the United States and Israel, Tehran almost completely severed the country’s connection to the global internet — likely leaving only users on a government whitelist with access to the outside world.

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