Donald Trump’s media company to terminate Crypto.com deal
The president’s company will unwind an agreement with Crypto.com to create a multibillion-dollar CRO treasury and reportedly not integrate prediction markets onto Truth Social.
US Treasury’s OFAC sanctions 2 Iran-linked crypto exchanges
The US government sanctioned an individual and two crypto exchanges it said facilitated money laundering for a combined $5 million in digital assets linked to Iran.
Reform UK chair calls for probe into SBF-linked donation: Report
As the chairman of the Reform UK calls for an investigation into a FTX-linked political donation, the party’s leader prepares to face voters amid his own crypto-related scandal.
Circle expands USDC to OKX ecosystem with X Layer launch
The rollout gives X Layer users access to Circle-issued USDC and crosschain transfers as the stablecoin expands across major blockchain ecosystems.
Bitcoin price tags $65.3K August high as low US jobs numbers cool Fed rate bets
Bitcoin hit month-to-date highs above $65,000 as risk-assets gained on low US nonfarm payrolls data.
Crypto Biz: Crypto’s biggest business is starting to look a lot like banking
Crypto business is converging with banking as stablecoin reserves, tokenized funds, Treasury income and balance sheet management become key profit drivers.
CEX perpetual futures volume falls to $4T, lowest since late 2023
Perpetual futures trading volume on crypto exchanges fell to its lowest level in 31 months, while perpetual trading on decentralized platforms neared a one-year low.
Russia cracks down on 9 crypto exchanges in Moscow City
Russia has shut down nine unregistered crypto exchanges in Moscow, with the FSB alleging they helped move scam proceeds abroad through Ukrainian call centers.
Binance Bitcoin volume ratio hits record as futures outweigh spot eight times over
Binance saw a record divergence between daily spot and futures trading volumes, with the latter reaching nearly $58 billion.
CLARITY Act delay gives Asian financial hubs an opening: First Digital CEO
Industry figures warned that continued legislative limbo could slow institutional adoption, revive regulation by enforcement and push innovation offshore.