US Sanctions Iran’s BitBank Over IRGC Bitcoin Transfers

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 said that as of June, the Hormuz Safe Marine Services Authority used BitBank to transfer payments it received to the … Read more

CFTC Issues No-Action Position for Trading Software Providers

The Commodity Futures Trading Commission (CFTC) has expanded regulatory relief for “passive software” providers that connect users to regulated derivatives firms and exchanges. In a no-action position issued Thursday, the agency’s Market Participants Division said it would not recommend enforcement against qualifying providers or their personnel for failing to register as introducing brokers or associated … Read more

SEC Green Lights Tokenized Stocks Despite Clarity Act Fail

The U.S. Securities and Exchange Commission has approved tokenized stocks trading in a move indicating that the regulator will push ahead with rulemaking despite the Clarity Act not moving forward.  Wall Street’s top regulator said Thursday that it was offering a five-year exemption to platforms that facilitate trading of tokenized stocks. Major crypto companies have … Read more

Bitcoin Treasuries Can Outperform BTC… But Is The Risk Worth Taking?

There are now 179 listed companies holding Bitcoin on their balance sheets, all following variations of the same simple formula: Raise capital on traditional markets, buy Bitcoin and attempt to increase the amount of BTC that backs each share faster than the company dilutes shareholders. According to Mark Palmer, managing director and senior equity research … Read more

Zcash Gains 20% as Paradigm Reveals ZEC Investment

Zcash gained about 20% over the past 24 hours as Paradigm co-founder Matt Huang disclosed that the crypto investment firm made an unspecified purchase of ZEC, the privacy-focused token that has been outperforming a broader rise across crypto markets. Zcash (ZEC), a cryptocurrency that enables users to make shielded transactions that conceal addresses and transaction … Read more

Celsius Estate Sues BitMEX Over 6,360 BTC Liquidations

The Celsius bankruptcy estate sued five BitMEX-linked companies, alleging fraud, market manipulation and wrongful liquidations during the March 2020 market crash.  The complaint was filed on Sept. 12 in the US Bankruptcy Court for the Southern District of New York by Celsius entities acting through estate representative Blockchain Recovery Investment Consortium (BRIC). Defendants include HDR … Read more

Bitcoin Holds $76K After Fed Rate Hike

Bitcoin held near its pre-Fed announcement levels of around $76,000 on Wednesday despite the US Federal Reserve raising its benchmark interest rate for the first time since 2023 to address persistently high inflation.  The Fed’s Federal Open Market Committee on Wednesday voted unanimously to raise rates by 25 basis points to a target range of … Read more

US Bitcoin reserve bill passes House Committee

US lawmakers took a step on Wednesday to put US President Donald Trump’s executive order to establish a strategic Bitcoin reserve into law.  The American Reserve Modernization Act of 2026 (H.R. 8957) passed the US House Committee on Financial Services in a 28-21 vote. The bill would establish a Strategic Bitcoin Reserve and a separate … Read more

UK FCA Issues Crypto Authorization Guidance Ahead of New Regime

The UK Financial Conduct Authority has issued final guidance outlining when crypto activities may require authorization under the country’s incoming regulatory regime. The guidance covers activities such as issuing qualifying stablecoins, operating crypto trading platforms, dealing and arranging transactions, safeguarding cryptoassets and arranging crypto staking. It is intended to help firms determine whether their activities fall within the regulatory … Read more