US Sanctions Iranian Crypto: Shelbit Exchange Targeted - The Cryptonomist
The US has sanctioned Iranian cryptocurrency exchange Shelbit, adding it to OFAC's Specially Designated Nationals (SDN) list, prohibiting US persons from dealing with it.
Aforeworn detected this change in the Export Controls & ITAR (DDTC / BIS / DFARS) space on August 7, 2026 and published this briefing so affected operators are forewarned rather than caught off guard. It is rated High urgency. US persons, including defense manufacturers, aerospace/dual-use exporters, semiconductor & tech exporters, and freight forwarders/brokers, who may have transactions involving Shelbit or its associated entities. should confirm how it applies to their specific situation before acting. There is a time constraint attached: Immediate compliance required; no grace period specified.. Acting after that point can mean penalties, a lapsed licence, or lost eligibility — exactly the kind of surprise Aforeworn exists to prevent. Aforeworn monitors Export Controls & ITAR (DDTC / BIS / DFARS) continuously and turns every detected change into a plain-English briefing like this one, so you always know first. Forewarned is forearmed.
What changed
Shelbit Exchange has been designated as a sanctioned entity under US sanctions, making any transactions with it prohibited for US persons.
Who it affects
US persons, including defense manufacturers, aerospace/dual-use exporters, semiconductor & tech exporters, and freight forwarders/brokers, who may have transactions involving Shelbit or its associated entities.
What you must do
Review any existing or pending transactions, contracts, or dealings involving Shelbit Exchange or its affiliates; block any property or interests in property; and ensure compliance with OFAC regulations.
Deadline
Immediate compliance required; no grace period specified.
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Start your free trialRelated changes in Export Controls & ITAR (DDTC / BIS / DFARS)
- Treasury Sanctions Crypto Exchanges Funding Iran’s IRGC and Enabling Illicit Finance - EIN News
- US sanctions Iran-linked exchange houses, shell companies - Anadolu Ajansı
- U.S. Treasury Sanctions Iranian Crypto Exchanges Shelbit And Aban Tether For IRGC Ties - Bitcoin World
- Notice of OFAC Sanctions Actions
- US-CONGRESS BILLS-119hr9858ih: Strategic Technology and Resilient Alliances Act of 2026; STRATA Act of 2026