Tag: Crypto

Did BitBank Sanctions Move Bitcoin?

Bitcoin is trading at $80,000. This after the U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) sanctioned Tehran-based cryptocurrency exchange BitBank on Sept. 17, alleging the platform moved hundreds of millions of dollars in bitcoin to Iran’s Islamic Revolutionary Guard Corps (IRGC). The muted recovering price action around...
Read More

Tokenized stocks face 24/7 pricing gap: RedStone COO

The SEC has opened permissioned onchain trading to fully backed U.S. stock tokens, but the 32.5-hour trading week on NYSE and Nasdaq leaves automated markets without a live reference price for most of each 168-hour week. The SEC’s temporary exemption…...
Read More

BaFin official warns centralized MiCA oversight may add burdens

A BaFin official has warned that centralized EU crypto supervision could place extra burdens on firms while reducing flexibility in applying MiCA rules. Centralized MiCA supervision could reduce flexibility The European Blockchain Convention’s Day 2 briefing attributed the warning to…...
Read More