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Crypto

U.S. says it seized about $1 billion in Iranian crypto as pressure campaign expands

U.S. says it seized about $1 billion in Iranian crypto as pressure campaign expands

2 months ago by Crypto InsightsCrypto

The United States has seized about $1 billion worth of cryptocurrency tied to Iran, Treasury Secretary Scott Bessent said, describing the action as part of a broader campaign to cut off funding channels used by Tehran. Speaking in an interview on Fox Business, Bessent said… Read More

SEC sues Texas man over $12.3 million alleged crypto scheme built on fake AI trading bots

SEC sues Texas man over $12.3 million alleged crypto scheme built on fake AI trading bots

2 months ago by Crypto InsightsCrypto

The U.S. Securities and Exchange Commission (SEC) has sued Texas resident Nathan Fuller, alleging he raised about $12.3 million from roughly 150 investors through a crypto investment scheme built around false claims of AI-powered trading bots, guaranteed returns and insurance protections. According to a complaint… Read More

U.S. regulator says 24/7 trading is great for crypto, may not be fit for other sectors

U.S. regulator says 24/7 trading is great for crypto, may not be fit for other sectors

2 months ago by Crypto InsightsCrypto

As global trading trends race toward 24-hour, no-days-off markets, the U.S. Commodity Futures Trading Commission argued that it may be fine for the new blockchain-native players, but that expanded hours might not be appropriate for some of the traditional markets, the derivatives watchdog said in… Read More

Calamos bets protected Bitcoin ETFs can outlast crypto market swings

Calamos bets protected Bitcoin ETFs can outlast crypto market swings

2 months ago by Crypto InsightsCrypto

Latest developments: Calamos says its protected Bitcoin ETFs are attracting inflows even as spot Bitcoin ETFs see redemptions. Matt Kaufman, head of ETFs at Calamos, said the firm saw roughly $10 million to $15 million in inflows over the past several weeks. Kaufman said advisors… Read More

Crypto PACs spend $9 million in Texas and score wins in both parties

Crypto PACs spend $9 million in Texas and score wins in both parties

2 months ago by Crypto InsightsCrypto

Crypto-focused political committees are flexing their growing bipartisan political muscle in Texas, spending more than $9 million on races this cycle as Tuesday’s primaries deliver a string of wins for industry-backed candidates across both parties. Houston Democrat Christian Menefee defeated fellow Democrat Rep. Al Green… Read More

UK sanctions Huobi and ruble stablecoin issuer in crackdown on Russia crypto networks

UK sanctions Huobi and ruble stablecoin issuer in crackdown on Russia crypto networks

2 months ago by Crypto InsightsCrypto

The United Kingdom has imposed sanctions on a group of cryptocurrency exchanges, payment firms and individuals accused of helping Russia evade Western restrictions and finance its war in Ukraine, including crypto exchange Huobi. The sanctions package from the U.K. Foreign, Commonwealth & Development Office targets… Read More

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