Shelbit allegedly sent hundreds of millions of dollars to major crypto exchanges, including Binance, as it linked gambling sites and sanctioned Iranian entities to global crypto markets.
The Treasury Department said the Hormuz Safe platform accepted bitcoin and other digital assets as part of an alleged sanctions workaround tied to IRGC-backed shipping controls.
BTC fell as July drew to a close, even as stocks gained in Asia and U.S. index futures advanced. The CoinDesk 20 index is set to post its biggest gain since July 2025.
Samsung and SK Hynix both jumped more than 23%. Bitcoin moved a fraction of a percent in the past 24 hours, and most majors are still lower on the week.
The world's largest corporate bitcoin holder says it has built a cash reserve covering more than two years of dividend payments after investors questioned its growing stack of preferred securities.
The tokenized-assets firm is considering an acquisition valued at $250 million to $500 million as consolidation accelerates across crypto infrastructure.
The tokenized-assets firm is considering an acquisition valued at $250 million to $500 million as consolidation accelerates across crypto infrastructure.
CME CEO Terry Duffy said a court battle over whether perpetual futures are swaps or futures could eventually affect how the IRS taxes the contracts. Independent legal experts say the issue remains unresolved.
A governance proposal would shut deployments on Sonic, Scroll, zkSync, Metis, Soneium and Aptos, and retire 50 asset markets elsewhere. Deposits on some have fallen more than 90%.
The bank said deteriorating prospects for U.S. market structure legislation remove a key catalyst for digital assets, even as tokenization and institutional adoption advance.