Nobitex processed $2.3B on Tron and BNB Chain since 2023, Reuters investigation finds
Nobitex, Iran's largest cryptocurrency exchange, has processed $2.3 billion in transactions on Tron and BNB Chain since 2023. A Reuters investigation revealed that these transactions were linked to heavily sanctioned entities, including the Central Bank of Iran and the Islamic Revolutionary Guard Corps. The findings raise concerns about the use of cryptocurrency to circumvent international sanctions.
- ▪Nobitex processed at least $2.3 billion in transactions on Tron and BNB Chain since 2023.
- ▪The recipients of these transactions included entities tied to the Central Bank of Iran and the IRGC.
- ▪Both the Central Bank of Iran and the IRGC are on the US sanctions list.
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<img src="https://static.cryptobriefing.com/wp-content/uploads/2026/05/18105916/iran-uses-cryptocurrency-for-strait-of-hormuz-passage-fees-b-1.jpeg" alt="Nobitex processed $2.3B on Tron and BNB Chain since 2023, Reuters investigation finds" class="w-full aspect-[19/10] object-cover" /> Nobitex processed $2.3B on Tron and BNB Chain since 2023, Reuters investigation finds Iran's largest crypto exchange allegedly facilitated billions in transactions for sanctioned entities including the Central Bank of Iran and the IRGC. Share Add us on Google by Editorial Team May.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.
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