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Exchange record

BitBank (Iran)

Material concerns / known unknowns

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Regulatory record
Material regulatory or registration-related record present
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Exchange record

BitBank (Iran)

Iran-based centralized digital-asset exchange designated by the U.S. Treasury's Office of Foreign Assets Control on September 17, 2026 under Executive Order 13902. HEI uses a disambiguated canonical label to distinguish this entity from the unrelated Japanese Bitbank exchange.

CEXActive
Also known as: BITBANK3, بیتبانک

Registry sequence

Key facts

Launch date
Death date
Years
—–—
Origin
Iran
Confidence
high
Last verified
2026-09-20

URL handling

Preferred action
Use current URL handling based on status below.
URL status
Live verified
Archived URL

Summary

Iran-based centralized digital-asset exchange designated by the U.S. Treasury's Office of Foreign Assets Control on September 17, 2026 under Executive Order 13902. HEI uses a disambiguated canonical label to distinguish this entity from the unrelated Japanese Bitbank exchange.

Timeline

OFAC designated Iranian BitBank under E.O. 13902
2026-09-17regulatory_actionhigh

The U.S. Treasury's Office of Foreign Assets Control added BITBANK, also identified as BITBANK3, to the Specially Designated Nationals List under Executive Order 13902. Treasury identified BitBank as an Iranian digital-assets exchange controlled by sanctioned financier Babak Zanjani and alleged that it formed part of a sanctions-evasion network and facilitated Bitcoin transfers to the Islamic Revolutionary Guard Corps.

Evidence

U.S. Department of the Treasury — Office of Foreign Assets Control2026-09-17regulatory_noticehigh reliabilityeventarchive
U.S. Department of the Treasury2026-09-17regulatory_noticehigh reliabilityeventarchive
BitBankofficial_statementhigh reliabilitystatusarchive

Related records

Notes and record state

Record note
This entity is separate from Japanese Bitbank (hei_ex_000029, bitbank.cc). OFAC's SDN entry lists BITBANK with alias BITBANK3, a Tehran address, websites bitbank3.com and bitbank.com, and an organization established date of 2024. HEI leaves launch_date null because the reviewed sources do not establish an exact exchange launch date. The BitBank website was reachable on 2026-09-20 and presented the exchange interface.
Revision state
Records may be incomplete, approximate, contested, or revised as better evidence becomes available.
This record may be incomplete or revised. Dead-side entries prefer archived URLs over original domains. Dates, causes, and classifications may change when stronger evidence becomes available. Contact / corrections

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