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Aban Tether Exchange
OrganisationIR

Aban Tether Exchange

Iranian digital-asset exchange designated by OFAC for operating in Iran's financial sector.

Last refreshed: 11 August 2026

Timeline for Aban Tether Exchange

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Background

Aban Tether is an Iran-based digital-asset exchange. It is distinct from Amin Exchange, a separately named Iranian currency exchange.

On 7 August 2026, OFAC designated Aban Tether under Executive Order 13902. OFAC said the exchange processed millions of dollars' worth of transactions involving Nobitex, Wallex, Bitpin, and Ramzinex, which were previously designated. The action treats digital-asset exchanges as part of the financial routes used to evade Iran-related sanctions.

Common Questions
What is Aban Tether?
Aban Tether is an Iran-based digital-asset exchange designated by the US Treasury on 7 August 2026.Source: U.S. Treasury
Why did the US sanction Aban Tether?
OFAC designated Aban Tether for operating in the financial sector of the Iranian economy.Source: U.S. Treasury
When was Aban Tether designated by OFAC?
OFAC designated Aban Tether on 7 August 2026.Source: U.S. Treasury
Which exchanges did OFAC link to Aban Tether transactions?
OFAC said Aban Tether processed transactions involving Nobitex, Wallex, Bitpin, and Ramzinex.Source: U.S. Treasury
Is Aban Tether the same as Amin Exchange?
No. Aban Tether is a digital-asset exchange, while Amin Exchange is a separately named Iranian exchange house.Source: U.S. Treasury
Source Material
Treasury Sanctions Crypto Exchanges Funding Iran's IRGC and Enabling Illicit Finance