World Business
US Sanctions Iran’s Largest Digital Asset Exchange Nobitex
The U.S. Treasury Department has imposed sanctions on Iran's largest digital asset exchange, Nobitex, and three other entities, citing their role in...
#cryptocurrency 28 articles
Investing
CLARITY Act Advances to Senate Calendar, Faces Recess Deadline
The CLARITY Act (H.R.3633) has been placed on the Senate Legislative Calendar, nearing a full vote. With a July recess approaching, Senate...
Investing
Banks vs. Stablecoins: The Battle for Banking Power
Traditional banks, led by JPMorgan Chase, are pushing back against stablecoin issuers, viewing them as direct competitors for core banking functions and...
Markets
Harvard’s Q1 Crypto Sales: Why Individual Investors Should Not Follow Suit
Harvard's endowment liquidated its Ethereum ETF and significantly reduced Bitcoin holdings in Q1. This institutional rebalancing, driven by internal factors, offers key...
Stocks
SEC Delays Tokenized Stock Plan, Crypto Markets Plunge
The U.S. SEC has postponed its anticipated framework for tokenized U.S. stock trading, leading to a 'blood-red day' across major cryptocurrency markets...
Investing
Revolut Debuts Physical Crypto Card, Bolstering Digital Asset Play
Revolut has launched its first physical cryptocurrency debit card, initially for UK and EEA customers, capitalizing on a significant rise in industry-wide...
Finance
Shelia Bair Warns on Crypto, Gambling, BNPL Risks
Former FDIC Chair Shelia Bair discussed her new book, "How Not To Lose A Million Dollars," and voiced concerns over crypto, gambling,...
Finance
Treasury Directs Banks to Hunt Iranian Money Laundering Networks
The U.S. Treasury Department is instructing financial institutions to monitor for Iranian money laundering networks involved in smuggling sanctioned oil via shell...
Investing
Community Banks’ Crypto Adoption Stymied by Operational Hurdles
Operational challenges, not conceptual ones, are the primary barrier to community banks integrating digital assets, according to industry experts. The missing link...