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US Treasury sanctions four Iranian cryptocurrency exchanges including Nobitex under new 'Economic Fury' campaign targeting sanctions evasion networks.
US Treasury targets Iranian exchange Nobitex for facilitating terror finance and sanctions evasion, signaling heightened global crypto compliance enforcement.
Treasury Secretary Scott Bessent reveals the U.S. has seized roughly $1 billion in cryptocurrencies from Iran through government forfeitures.
John Crews, Treasury's deputy assistant secretary for financial institutions policy, has been nominated to chair the NCUA, replacing Kyle Hauptman as the agency's sole board member.