Latest updates, press releases, and insights from the volatile world of digital assets.
The Office of Foreign Assets Control designated BitBank and linked entities on September 17, alleging the platform moved hundreds of millions of dollars in Bitcoin to Iran’s Islamic Revolutionary Guard Corps and processed payments tied to Strait of Hormuz shipping
Federal authorities target USDT held in frozen wallets, alleging the funds stem from black-market Iranian petroleum proceeds funneled through Chinese firms and Binance accounts as part of a larger $1.5 billion network
Iran’s central bank has relaxed foreign-exchange rules, enabling businesses to settle cross-border payments and repatriate earnings with Bitcoin and USDT as traditional banking channels remain restricted by U.S. measures
Attacks on southern Saudi facilities push the global benchmark above $100 for the first time in three months amid ongoing U.S.-Iran conflict and tighter Middle East supplies
Digital asset gains roughly 5% after earlier drop below $77,000 as traders react to signals of reduced Middle East escalation risks under the Trump administration
Cryptocurrency shows relative stability while Brent crude tops $90 and equities weaken following strikes near the Strait of Hormuz
The Office of Foreign Assets Control added Iran’s crypto sector to its sanctions authority on August 24, targeting brokers and intermediaries while designating nearly 60 entities in a broader economic pressure campaign
The Office of Foreign Assets Control designated two cryptocurrency exchanges and related parties for facilitating digital asset transfers linked to Iran’s Islamic Revolutionary Guard Corps
Brent crude fell as much as 9% and U.S. crude dropped below $79 after the president paused planned strikes and set negotiations aimed at reopening the key waterway
An unlicensed exchange processed billions in digital assets linked to illegal betting sites, the central bank and entities tied to the Revolutionary Guards
