OFAC's 'Economic Fury' Takes Aim at Iran's Shadow Banking and Crypto Rails
The U.S. Treasury's OFAC has sanctioned Iranian exchange houses and a key financial facilitator under "Economic Fury," putting digital asset markets on alert.…
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The U.S. Treasury's OFAC has sanctioned Iranian exchange houses and a key financial facilitator under "Economic Fury," putting digital asset markets on alert.…
The U.S. Treasury has sanctioned Iranian tycoon Ali Ansari and a network of linked entities, exposing financial system vulnerabilities tied to sanctioned regimes and rattling global real estate markets.…
Bipartisan senators and the Trump administration have agreed on sweeping new Russian sanctions that could reshape global energy markets and pressure crypto evasion routes.…
Angola becomes the latest nation to formalize yuan use in banking reserves, marking a concrete step in the global move away from dollar dependency.…
UK regulators have designated major cloud providers as Critical Third Parties, placing AWS, Microsoft, Google, and Oracle under direct financial sector oversight for the first time.…
Circle has secured final OCC approval to operate a national trust bank, bringing USDC reserves under direct federal oversight and deepening its regulated custody footprint.…
South Korean fintech super-app Toss is piloting a Korean won stablecoin built on Optimism's OP Stack, becoming the fourth regulated financial institution in a year to choose the infrastructure.…
Circle has received OCC approval to operate as a national digital currency bank, a landmark move set to reshape stablecoin oversight and crypto-banking integration.…
Trump won't sign the housing bill containing a CBDC ban, but without a veto, it becomes law at midnight — freezing Fed digital currency work until 2031.…
Paul Grewal departs as Coinbase's top legal officer, with Molly Abraham stepping in as general counsel and Grewal staying on in an advisory capacity through October.…
Circle has secured final OCC approval for a national trust bank charter, placing its $73.2 billion stablecoin operation under a unified federal regulatory framework.…
Circle wins a national trust bank charter for First National Digital Currency Bank, enabling federally supervised USDC reserve custody and sending shares up 10%.…