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The US Treasury has taken the unprecedented step of blacklisting two UK-registered cryptocurrency exchanges for processing funds linked to Iran’s Islamic Revolutionary Guard Corps (IRGC).
It marks the first time entire digital asset platforms have been sanctioned under Iran-specific financial measures.
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Historic First: Entire Crypto Exchanges Sanctioned Over Iran IRGC Ties
On January 30, 2026, the Office of Foreign Assets Control (OFAC) designated Zedcex Exchange Ltd. and Zedxion…