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When Compliance Becomes Optional: How Major Exchanges Continue Serving Sanctioned Markets
Summary by Crypto Economy
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2 Articles
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blockzeit.com
When Compliance Becomes Optional: How Major Exchanges Continue Serving Sanctioned Markets
The cryptocurrency industry faces a credibility crisis as multiple licensed exchanges openly serve Iranian users despite explicit U.S. Treasury OFAC sanctions. This pattern of selective compliance creates unfair competitive advantages and threatens the sector’s legitimacy. The Rules Being Broken OFAC sanctions explicitly prohibit cryptocurrency exchanges from: Processing transactions for Iranian residents Accepting Iranian identity documents f…
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