Headlines

US Sanctions Iran’s Largest Crypto Exchange Nobitex in Major ‘Economic Fury’ Crackdown

Treasury alleged that Iranian crypto exchanges enabled sanctions evasion while processing transactions connected to the IRGC and regime insiders. The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has sanctioned Nobitex, Iran’s largest digital asset exchange, along with three other Iranian crypto exchanges. The move is part of the Donald Trump…

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FIFA faces wave of crypto scams targeting World Cup fans

Crypto-related fraud targeting FIFA World Cup fans has intensified ahead of the 2026 tournament, with U.S. authorities warning that scammers are using fake ticket offers, phishing websites, and cryptocurrency payment requests to steal money and personal data. Summary U.S. authorities warned that scammers are targeting World Cup fans with fake ticket sales, phishing websites, and…

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Bessent says U.S. Bitcoin Reserve is moving into new ground

Treasury Secretary Scott Bessent has told senators that the Trump administration remains committed to expanding the United States’ Strategic Bitcoin Reserve while pressing Congress to pass major crypto legislation this summer. Summary Treasury Secretary Scott Bessent said the Trump administration remains committed to expanding the U.S. Strategic Bitcoin Reserve. Bessent told senators that the reserve…

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