The Nobitex Dilemma: How Iran’s Largest Crypto Exchange Operates Beyond OFAC’s Reach
In late February 2026, Iran experienced a near-total internet shutdown following a joint U.S.-Israeli strike. Yet, amidst the digital blackout, one financial service remained fully operational: Nobitex, the country’s dominant cryptocurrency exchange. This resilience highlights a complex reality—a platform serving over 11 million Iranians while also functioning as a key financial conduit for a regime […]
