Exchanges and stablecoin issuers with US compliance exposure typically freeze or delist wallets tied to sanctioned entities almost immediately after a designation.
Correspondent banking and fiat off-ramp relationships tied to a sanctioned entity are usually the first thing to go, often more damaging than the legal prohibition itself.
Regulators are increasingly targeting exchange-level infrastructure and the secondary network around it, not just the wallets directly named.
Expect continued OFAC action against exchanges connected to already-sanctioned Iranian platforms like Nobitex, Wallex, Bitpin and Ramzinex.
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