The largest digital asset (virtual asset) exchange in Iran, Novix, is suspected of being used as a channel to circumvent US sanctions, linked to the Revolutionary Guard and other US-sanctioned institutions. Over 11 million users are utilizing digital assets to avoid the devaluation of the Rial and inflation, and blockchain analysis has revealed transactions through the exchange related to sanctions. Novix denies the allegations, but inclusion on US sanctions lists could significantly impact the market.