U.S. seeks forfeiture of $61M in crypto tied to alleged Iranian oil network
U.S. prosecutors filed a civil forfeiture case targeting about $61 million in cryptocurrency allegedly tied to sanctioned Iranian oil sales and laundering.
Crypto News — Page 24
News and developments from the cryptocurrency industry.
House crypto tax bill proposes fee relief ahead of September 16 markup
The Digital Asset Tax Certainty Act would change crypto tax treatment, but its small-fee exception is limited and no new relief is in force.
Tabby raises $233 million at $6.5 billion valuation
The Gulf fintech's Series F backs expansion beyond buy now, pay later, but the transaction still requires regulatory approvals.
Canaan sells entire Ether treasury and 54 BTC to fund share buyback
The bitcoin miner raised about $13.9 million from crypto sales and deployed $5.4 million to repurchase 13.6 million American Depositary Shares.
U.S. banking groups seek tighter stablecoin reward limits in CLARITY Act
Eight banking associations want tougher limits on interest-like stablecoin rewards, arguing a proposed deposit-flight safeguard would act too late.
BitMine adds 27,180 ETH as treasury reaches 5.96 million tokens
The U.S.-listed company reported another weekly Ether purchase while most of its enlarged digital-asset balance remains committed to staking.
DeFi Development Corp adds 55,491 SOL and opens $300M CHAD program
The Nasdaq-listed company increased its Solana treasury to 2.39 million SOL and created new preferred-share funding capacity for future purchases.
Strategy buys back $139.3 million of STRC as Bitcoin holdings stay flat
Strategy repurchased 1.42 million preferred shares using USD Cash, while its 845,050 BTC treasury remained unchanged for another week.
Strive reaches 25,000 Bitcoin with $36.6 million purchase
Strive added 469 BTC as preferred-stock financing supported another treasury purchase, while its cash balance also increased.
State attorneys general urge Senate to reject current CLARITY Act
A bipartisan coalition says the revised U.S. crypto bill still risks weakening state registration and anti-fraud authority.
FCA weighs bespoke rules for tokenized gold in UK markets
Britain's financial regulator is asking whether digital ownership records could make gold easier to trade and pledge without weakening safeguards.
S&P Global leads $110 million investment in crypto data firm Kaiko
The strategic investment brings major financial institutions into Kaiko as demand grows for institutional-grade digital-asset and tokenized-market data.
India wholesale inflation reaches 9.92% as fuel costs accelerate
India's August wholesale inflation rose to 9.92%, with fuel, food and manufactured-goods costs all increasing faster than a year earlier.
AI slowdown warnings send Nasdaq futures and chip stocks lower
Warnings from leading U.S. AI executives triggered a global technology selloff, exposing how strongly equity valuations depend on rapid model development.
Revised U.S. crypto bill adds blind-trust and state enforcement rules
A revised Senate crypto package adds divestiture or blind-trust requirements and a role for state attorneys general before a pivotal procedural vote.
Symbiosis recovers 15 BTC after Bitcoin bridge exploit
Symbiosis says it recovered about 15 BTC after an unauthorized syBTC mint, while its native Bitcoin bridge and compensation plan remain unresolved.
Yen speculators turn net long for first time since February
CFTC futures data shows non-commercial traders swung to a net-long yen position as Fed and Bank of Japan decisions approach.
Trump pledges to end 10% U.S. tariff on Irish whiskey
Trump said the United States will remove its 10% tariff on Irish whiskey, but no effective date or implementing notice has been published.