How OFAC Sanctions Are Cutting Off Iranian Crypto Access to Exchanges
Explore how OFAC sanctions target Iranian crypto activities, the impact on exchange access, and practical compliance steps for platforms.
When dealing with crypto evasion, the practice of sidestepping regulations, taxes, or oversight in digital assets. Also known as regulatory avoidance, it often relies on tools such as unregulated exchanges, platforms that operate without licensing or KYC requirements and privacy coins, cryptocurrencies built to hide transaction data. These entities form the core of most evasion schemes, enabling users to move value without triggering traditional compliance checks.
The landscape expands beyond platforms. tax havens, jurisdictions with low or zero tax rates on digital assets provide a legal veneer for hiding gains, while KYC bypass methods, techniques like synthetic identities or third‑party onboarding services, let traders create accounts without proving identity. Together they create a chain: crypto evasion encompasses unregulated exchanges, requires tax optimization through havens, and is amplified by privacy‑focused coins. In practice, a user might open an account on an exchange that never asks for ID, purchase a privacy coin, and then transfer it to a wallet in a tax‑friendly jurisdiction. Each step lowers the chance of detection, illustrating why regulators worldwide are tightening travel‑rule enforcement.
Below you’ll find a curated set of articles that break down these pieces. From deep dives into risky exchanges like Cryptex and Bexplus to guides on how Argentine users shield savings, the collection shows how crypto evasion works in real‑world scenarios and what red flags to watch. Whether you’re a trader trying to stay compliant or a researcher mapping the avoidance ecosystem, the posts ahead give you concrete examples, risk assessments, and actionable insights.
Explore how OFAC sanctions target Iranian crypto activities, the impact on exchange access, and practical compliance steps for platforms.
