Trump Media Abandons Crypto Treasury, Prediction Market Ventures
In brief Trump Media has ended plans for a Crypto.com-backed CRO treasury company. The companies also scrapped a broader digital asset deal and scaled back...
Tag : Crypto
US sanctions 2 crypto exchanges over Iran-linked funds
U.S. authorities sanctioned crypto exchanges Shelbit and Aban Tether after alleging that the platforms helped Iran evade restrictions and move funds connected to the Islamic...
Treasury Sanctions Crypto Exchanges It Says Laundered Millions for Iran
In brief OFAC designated Shelbit Exchange and Aban Tether, accusing both of moving funds for the Iranian armed forces and previously sanctioned Iranian exchanges. Treasury...
Crypto Biz: Crypto’s biggest business is starting to look a lot like banking
At first glance, this week’s biggest business stories could have come straight from Wall Street. BlackRock launched tokenized money market funds for stablecoin reserves. Tether...
Russia arrests more than 20 after raids on unregistered crypto exchange services
Russia has detained over 20 workers in raids on nine crypto exchanges over alleged laundering scheme tied to scam proceeds. Summary Russia has detained more...
Crypto crime has moved beyond online hacks, Chainalysis says
Chainalysis has warned that cryptocurrency crime has increasingly extended into kidnappings, home invasions and other violent incidents as criminals pursue holders who can transfer digital...
Scaramucci says crypto adoption will become invisible
SkyBridge Capital founder Anthony Scaramucci said on Aug. 7 that crypto adoption may reach its most important stage when consumers use blockchain infrastructure without knowing...
Ripple CLO says 67M Americans defy crypto stereotype
Ripple Chief Legal Officer Stuart Alderoty pushed back on the idea that cryptocurrency remains a niche dominated by young men, pointing to survey data showing...
Japan FSA pushes crypto withdrawal delays after scam surge
Japan’s Financial Services Agency and National Police Agency asked cryptocurrency exchanges on Aug. 6 to introduce withdrawal delays, address registration and stronger fraud controls as...
Bitget explores licensed crypto presence in Bhutan
Crypto exchange Bitget has signed an agreement with Gelephu Mindfulness City Authority to pursue a regulated local presence. Bitget has signed an agreement with Bhutan’s...