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View More NewsIn brief OFAC sanctioned multiple wallets tied to Iran’s central bank and the Iranian armed forces on Tuesday, resulting in Tether freezing over $131 million across four addresses on the Tron blockchain. On-chain analysts tracked the frozen funds to prior withdrawals from DTC Pay and Bitso. The Treasury separately sanctioned seven individuals and entities involved in a global Iranian weapons procurement network. The U.S. Treasury’s Office of Foreign Assets Control sanctioned multiple cryptocurrency wallets tied to Iran’s Central Bank and the Islamic Revolutionary Guard Corps on Tuesday, with stablecoin issuer Tether freezing over $131 million across four addresses on the…
UK-based financial company Revolut has received approval from the Virtual Assets Regulatory Authority (VARA) of Dubai to offer crypto-related services in the United Arab Emirates (UAE).In a Wednesday notice, Revolut said that, following a green light from the Central Bank of the UAE for payment activities, VARA gave in-principle approval for the company to offer broker-dealer, management and investment, and exchange services in the UAE. The company said its services via the app and the Revolut X exchange would allow UAE-based users to buy, sell and hold digital assets.“This approval lays the foundation for Revolut to introduce its trusted virtual…
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Opinions & Debates
Four years ago, a colleague asked me whether I could chair a debate with some guy called ‘Gary Stevenson’, who was, apparently, an anti-inequality campaigner and a YouTube commentator of some description. I had never heard of Stevenson, but accepted. The debate went all right, even though it was mostly a case of talking past each other (which, given that I was the moderator, was probably my fault). It was otherwise not especially memorable. Britain does not exactly have a shortage of left-wing media figures and activists. In the first half of the 2010s, there was the campaign for a…
Latest News
In brief Bitcoin broke above $64K resistance Tuesday and is trading flat at $64,858 today—just 0.18% down, barely breathing. A death cross on the…
An attacker drained approximately $18 million in USDC from Ostium’s liquidity vault on Arbitrum in an oracle manipulation exploit detected by blockchain security firm…
Bitcoin (BTC) saw three-week highs on Wednesday as US inflation data beat expectations for a second day.Key points:Bitcoin sees copycat bullish price action as…
The most contentious piece of the crypto market structure bill is unresolved in the final weeks of Senate runway, and administration officials are expected…
A $1.26 billion block sale of BlackRock’s iShares Bitcoin Trust (IBIT) this week might have been driven by a large investor seeking a rapid…
That’s the title and subtitle of a Washington Post article today; here are a couple of excerpts: The attack drone spots the Russian soldier…
Last month, Rep. French Hill, who chairs the House Financial Services Committee, told CoinDesk that he expected the Clarity Act to secure bipartisan consensus,…
Kraken said late Friday that it expects to launch CFTC-regulated perpetual futures contracts in the US in the next 30 days, hours after the…
DTCC’s decision to connect its upcoming tokenized securities platform to the Stellar (XLM) network is the latest step in a relationship that stretches back…
Bitcoin (BTC) circled $73,500 on Sunday as bulls stared down 3% BTC price losses for May.Key points:Bitcoin looks set to end May “in the…
Retail investing platforms have spent a number of years racing to become “everything apps” for finance, piling on stocks, crypto, banking and payments in…
In brief A new executive order tasks federal regulators with tightening fraud screening and limiting credit lines for undocumented immigrants. Experts say the policy…