by Michael
Key TakeawaysOFAC sanctioned Nobitex and 3 Iranian exchanges on June 2, 2026.Nobitex handled over 50% of Iran crypto inflows in 2025, the Treasury said.Ramzinex processed $2.45B as firms face tighter Iran screening next. 4 Exchanges, 4 Nationals Hit as U.S. Expands...
by Michael
Key TakeawaysJudge Wilson ruled on June 1 that Square Mangundhla’s 1,680 bitcoins were lawfully seized as capital.The decision clashes with a May 2026 SARB and FSCA statement denying crypto’s status as legal tender.Expect tension ahead as South African regulators...
by Michael
Key TakeawaysVisa data shows stablecoin velocity hit a record 49.7x as $320B in supply gains utility.Bitcoin ETFs have lost $6.6B since Oct. 2025, with Blackrock IBIT now seeing outflows.Ethereum ETF demand weakened in May 2026 as Blackrock ETHA posted sustained...
by Michael
Key TakeawaysBitcoin ETFs lost $483.8M on June 1, with Blackrock IBIT leading outflows at $440.3M.Ether ETFs saw a 15th straight outflow day, as Blackrock ETHA shed $35.0M.XRP and HYPE ETFs gained $5.4M combined, signaling selective institutional demand. XRP ETFs Add...
by Michael
Key TakeawaysCoinbase invested in a money market fund designed for stablecoin reserve eligibility.The GENIUS Act is increasing focus on liquidity, transparency, and redemption support.ETF-based reserve products could expand options for digital asset issuers.... Translate »