A fresh wave of scrutiny has hit Binance following a recent Fortune report that alleged the crypto exchange processed about $1.7 billion in sanctioned transactions. US Senator Richard Blumenthal has launched a formal investigation into the platform, analyzing its ties to sanctioned Iranian entities and Russia’s “shadow fleet.” US Senate Probe Targets Binance US Senator
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Bitcoin witnessed a brief surge ahead of US President Donald Trump’s State of the Union speech. While the surprising hike has sparked optimism, not everyone is convinced the rally will last. Longtime Bitcoin critic Peter Schiff has raised concerns about the move, suggesting that the BTC price surge may be driven more by speculation around
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Sui price is seeking a rebound after the third spot SUI ETF made its debut on Nasdaq. The token has traded below the $1 level amid a sustained downturn in the crypto market. Over the last week, SUI fell about 10%, following losses on major digital assets Bitcoin, Ethereum, Solana, and Dogecoin have also been
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Emirates NBD, which is the second-largest bank in the UAE, has already opened its investment structure to Bitcoin with a small allocation from its investment portfolio. The bank also sees Bitcoin as a store of value and said it identifies tokenization as a critical financial change. The move is an indication of an increasing regional
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The Hong Kong-based crypto exchange, HashKey, has announced a new tool for its institutional investors, which will help them with the issuance of real-world assets, also known as RWAs. The announcement comes at a time when demand for tokenization is on the rise. HashKey Debuts RWA Issuance Tool for Institutions The Hong Kong-based crypto exchange,
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Crypto market crash deepens as Bitcoin, Ethereum, XRP, BNB, Solana, Cardano and other altcoins extend losses. Traders and TradFi focus on AI-disruption fears, trade war, and US-Iran geopolitical tensions. Crypto market cap plunges another 3% to hit a 2-year low of $2.18 trillion. Bitcoin price tumbled to $62,709 today, now officially down 50% from its
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The Federal Reserve has advanced its proposal to end crypto debanking by starting a 2-month comment period on a proposed rule on bank supervision. This is the strongest move yet in a policy change that crypto supporters claim will put Operation Chokepoint 2.0 to rest. Federal Reserve Seeks Public Feedback to End Operation Chokepoint 2.0
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