US imposes new sanctions on Iranian digital asset exchanges amid talks

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The United States has imposed new sanctions targeting digital asset exchanges linked to Iran’s shadow-banking system. The Treasury Department designated Nobitex, Iran’s largest digital asset exchange, along with three other platforms, under counterterrorism and Iran financial sector authorities. This move is part of a broader strategy to maintain economic pressure while negotiations continue over Iran’s nuclear program and activities in the Strait of Hormuz. Recent market pricing indicates a decrease in confidence regarding the possibility of reaching an agreement by the August deadline.

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