U.S. sanctions lead to Iranians’ frozen crypto assets in CEXs amid escalating global tensions

International exchanges have frozen Iranian crypto assets and blocked their accounts after Intel revealed local exchanges may be working for the Iranian government. International centralized exchanges exited the Iranian market following primary and secondary sanctions from the U.S. government. The exit created a gap that local entrepreneurs have filled over time with local exchanges such as Nobitex.

Source: Cryptopolitan