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US sanctions Dubai crypto exchange Shelbit over Iran financial transactions

Crypto Briefing·August 12, 2026·1 min read
US sanctions Dubai crypto exchange Shelbit over Iran financial transactions

The US sanctioned Dubai crypto exchange Shelbit over Iran financial transactions. The sanctions highlight escalating U.S. financial pressure on Iran, diminishing prospects for a near-term nuclear agreement. This action targets crypto platforms used to bypass sanctions, reinforcing regulatory scrutiny on digital asset exchanges.

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