US Sanctions Iran’s BitBank Over Alleged Bitcoin Payments for IRGC
OFAC sanctioned Iran's BitBank exchange, alleging it processed Bitcoin from a Strait of Hormuz maritime insurance scheme that funneled hundreds of millions of dollars to the IRGC.
Section
Regulation
Lagarde’s Reported Role in Blocking Binance’s EU License Raises Alarm
A WSJ report says ECB President Christine Lagarde pushed to delay Binance's Greek MiCA license until ESMA gains EU-wide licensing power, raising questions about central bank influence over crypto regulation.
SEC, CFTC Open Limited Crypto Pathways After Senate Blocks CLARITY Act
After the Senate blocked the CLARITY Act, the SEC and CFTC used their own authority to open capped, revocable pathways for tokenized stocks and wallet-based derivatives access.
CFTC Lets Crypto Wallets Skip Broker Registration for Derivatives Access
The CFTC's no-action letter frees passive wallet and app software from introducing-broker registration to connect users to regulated derivatives markets, extending relief first given to Phantom Technologies.
CLARITY Act Survives Failed Senate Vote Through Procedural Maneuver
A failed Senate cloture vote left the CLARITY Act on life support, but a procedural maneuver by Sen. Thom Tillis and echoes of the GENIUS Act's comeback keep the bill's fate open.
SEC Opens $77 Trillion Stock Market to Tokenization After Senate Deadlock
Days after the Senate blocked the CLARITY Act, the SEC created a five-year exemption letting tokenized US stocks trade domestically, as the tokenized-equity market posts record growth.
House Panel Advances Bitcoin Reserve Bill, But Stripped of Teeth
A House committee voted 28-21 to advance a bill codifying Trump's Strategic Bitcoin Reserve, but a last-minute substitute stripped its funding sources and weakened transparency rules.
S&P Global Buys Stablecoin Code Auditor OpenZeppelin in Crypto Push
S&P Global's undisclosed acquisition of stablecoin code auditor OpenZeppelin, days after backing data firm Kaiko, raises questions about audit reliability amid billions in breach losses.
SEC Opens Door to Onchain Trading of Real U.S. Stocks
The SEC's new Innovation Exemption lets approved venues trade tokenized U.S. stocks onchain without exchange registration, arriving days after the CLARITY Act stalled in the Senate.
House Panel Advances First Federal Crypto Tax Framework, 38-5
A House committee voted 38-5 to advance the first federal tax framework for crypto, addressing small transaction fees and mining/staking income, a day after the Senate's Clarity Act stalled.