US authorities on Thursday announced sanctions against Iranian crypto exchange BitBank, accusing it of processing Bitcoin paid by ships transiting the Strait of Hormuz. The US Department of the Treasury’s Office of Foreign Assets Control […]
Key Takeaways The Federal Reserve raised rates 25 basis points after 1,148 days without a hike.The FOMC voted 12-0 as inflation remained above the Federal Reserve’s 2% goal.The Federal Reserve’s next move now hinges on […]
Crypto industry leaders are looking to US financial regulators to fill the regulatory gap after a major crypto bill establishing a regulatory framework for digital assets stalled in the Senate on Tuesday. The Senate voted […]
Key Takeaways S&P Global led Kaiko’s Series B to $110M, joined by Nasdaq, BNP Paribas and other major firms.The deal shows Wall Street is funding data and infrastructure for 24/7 tokenized markets.Kaiko aims to shape […]
The EU is telling cryptocurrency hardware and software wallet providers that they have 24 hours from awareness to report actively exploited bugs or severe security vulnerabilities affecting their products. The measure is part of the […]
Key Takeaways Nu launched U.S. operations via Lead Bank, offering high-yield accounts and fee-free transfers to Latam.Nu introduced Nu Global with USDC/EURC stablecoins, enabling digital nomads to earn yield worldwide.The global expansion positions Nu to […]
[Update, 06:00 UTC, Sept. 10: Expands Echo Base CEO Roshan Dharia’s commentary.] BitMart appointed Alvarez & Marsal as its financial adviser on Wednesday, its self-imposed Sept. 9 deadline for an update, but did not publish […]
A revised version of the CLARITY Act would direct United States regulators to determine whether people or groups controlling “non-decentralized finance trading protocols” must comply with securities, commodities and anti-money laundering (AML) requirements. The revised […]
Key Takeaways Binance is using a 1 billion-share estimate to work out the AI company Anthropic’s implied valuation. At press time, ANTHROPIC stands over $2 trillion.Anthropic warned back in May that unauthorized SPV stock transfers […]
[Update 13:30 UTC, Sept. 8: Adds the $400 million purchase price and stock payment terms disclosed in Circle’s SEC filing.] Circle has agreed to acquire Singapore-based cross-border payments platform Tazapay in a $400 million all-stock […]
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