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Asharq Al-Awsat
Asharq Al-Awsat
Business
London - Asharq Al-Awsat

Binance Served Crypto Traders in Iran Despite US Sanctions

Experts affirmed that Iranian trading on the exchange could draw interest from US regulators. (Reuters)

The world's largest crypto exchange, Binance, continued to process trades by clients in Iran despite US sanctions and a company ban on doing business there, a Reuters investigation has found.

In 2018, the United States reimposed sanctions that had been suspended three years earlier as part of Iran’s nuclear deal with major world powers.

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