GEOPOLITICS | Iran’s Largest Crypto Exchange Has Processed Over $100 Million During the Wartime Period

Iran’s largest crypto exchange, Nobitex, processed over $100 million in transactions during the period of conflict between the United States and Israel, with a significant portion of funds flowing outside the country. Some transactions were linked to sanctioned entities, though estimates vary. Iranian central bank transfers of cryptocurrency to Nobitex are seen as part of broader efforts to bypass financial restrictions.