Treasury Secretary Scott Bessent confirmed the US government seized approximately $1 billion in Iranian cryptocurrency assets by directly taking control of digital wallets, marking one of the largest state-level crypto enforcement actions on record. Speaking at the Reagan National Economic Forum, Bessent described the operation bluntly, saying authorities '
The US Securities and Exchange Commission has filed suit against the founder of Privvy, alleging he defrauded investors out of $12.3 million by falsely marketing AI-powered trading bots that did not exist. According to the complaint, the platform's core selling point — automated bots generating returns through
The U.S. Securities and Exchange Commission has filed suit against a Texas man accused of defrauding investors out of $12.3 million through a fabricated AI-powered crypto trading operation. According to the complaint, the defendant diverted approximately $6.2 million for personal expenses and funneled $5.5 million
The total value of cryptocurrency seized by the United States from Iran has reached nearly $1 billion, Treasury Secretary Scott Bessent has announced — doubling the figure he cited earlier this year. Bessent had previously disclosed approximately $500 million in seized Iranian crypto assets, making the latest figure a significant escalation
Treasury Secretary Scott Bessent announced that the United States has seized approximately $1 billion in cryptocurrency linked to Iran, marking one of the largest government crypto confiscations tied to sanctions enforcement. The action reflects the U.S. government's growing capability to trace and recover digital assets connected to
JPMorgan Chase CEO Jamie Dimon used a Fox Business interview to openly oppose the Clarity Act, the pending US crypto market structure legislation, framing it as a threat to the traditional financial system. Dimon singled out Coinbase CEO Brian Armstrong as a key force behind the bill, dismissing his arguments
The US Commodity Futures Trading Commission has brought Bitcoin perpetual futures under domestic regulatory oversight for the first time, approving KalshiEX LLC to list a BTCPERP contract as a regulated futures product on its designated contract market. Separately, Coinbase Financial Markets received staff-level relief enabling access to certain Deribit
JPMorgan CEO Jamie Dimon has publicly opposed the CLARITY Act, a proposed piece of US crypto legislation, positioning one of Wall Street's most powerful figures against the digital asset industry's push for regulatory certainty. Dimon singled out Coinbase CEO Brian Armstrong, accusing him of spending hundreds
The U.S. Commodity Futures Trading Commission has approved the first domestically listed bitcoin perpetual futures, a derivatives instrument widely used in offshore crypto markets but previously unavailable to American traders through regulated channels. The decision also clears the way for Coinbase to connect U.S. customers to global crypto
Texas has appointed two industry insiders — a CleanSpark executive and a bitcoin mining company CEO — to its Strategic Bitcoin Reserve committee, signalling the state's intent to move beyond passive exposure. The committee is tasked with finding a custodian to transition reserve assets currently held in BlackRock's
The US Commodity Futures Trading Commission has signaled regulatory approval for crypto perpetual futures contracts, a product long popular in offshore markets but previously unavailable to American traders through regulated venues. The move opens the door for exchanges including Coinbase and prediction market platform Kalshi to launch perpetual futures offerings
The US Commodity Futures Trading Commission has issued its first approval for a regulated firm to offer crypto perpetual futures contracts, establishing a formal regulatory framework for the products in the United States. Perpetual futures, which have no expiry date and are settled continuously using funding rates, have long been