Treasury Secretary Scott Bessent Says the US Is Targeting Iran’s Access to Crypto

Placing crypto alongside shadow banking and weapons procurement means Treasury believes it is being used for actual trade settlement. US Treasury Secretary Scott Bessent posted on X on April 29 that Washington’s sanctions campaign is now going after Iran’s “access to crypto,” alongside oil exports, shipping networks, and shadow banking channels. It is the…

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Peter Thiel’s Founders Fund raises record $6B fund

Peter Thiel’s Founders Fund has closed a new $6 billion fund, marking the largest raise in the venture capital firm’s history.  Summary Founders Fund closed a record $6 billion fund focused mainly on late-stage startup investments. Limited partners provided $4.5 billion, while Thiel and insiders contributed another $1.5 billion. The raise shows major venture firms…

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