Bitcoin’s Warning Realized: Iranian Bank Goes Bankrupt, Millions Affected
Ayandeh Bank, one of Iran’s largest private lenders, was formally shut down by regulators on October 23, 2025, leaving millions exposed to uncertainty — a moment that revived talk about Bitcoin’s original warning against trusting banks too much. Related Reading: Trade War Talks: US, China Signal Progress In Malaysia; Crypto Traders Take Notice The Central […]
Related News
US Representative Ro Khanna announced plans to introduce legislation aimed at stopping elected officials — including US President Donald Trump, members of Congress and their families — from trading or creating cryptocurrencies and from taking certain foreign funds. Related Reading: Bitcoin’s Warning Realized: Iranian Bank Goes Bankrupt, Millions Affected The move comes amid renewed scrutiny […]
IBM has introduced a platform called IBM Digital Asset Haven aimed at giving banks, governments and other regulated organizations tools to hold, move and manage tokenized assets. Related Reading: Bitcoin’s Warning Realized: Iranian Bank Goes Bankrupt, Millions Affected According to IBM’s newsroom, the product will be available as a SaaS or hybrid SaaS offering in […]
In remarks that highlight flaws of the fiat currency system, the European Central Bank (ECB) president, Christine Lagarde, says the institution cannot go bankrupt even if it incurs losses running into trillions. According to Lagarde, normal bankruptcy rules do not apply to the ECB primarily because it is the sole issuer of euro-denominated central bank money. The Eurosystem will always be able to generate additional liquidity as needed. Bankruptcy Rules Not Applicable to ECB The ECB leader made her remarks while responding to a question from an Italian member of the European Parliament.....
The Middle East is catching up with Bitcoin, as Iran’s National Center of Cyberspace (NCC) has been intensively working on the issue lately. At least, that’s what report from the Fars News Agency website suggests. Judging by the translated version of the text, the Iranian government’s position regarding Bitcoin is quite positive, opposed to the “convenient” warning and disclaimer that is usually meant to scare potential users, so that officials could ignore the digital currencies further. The CEO of the Persian Shoes (online retailer), Mor Roghani was very positive on the subject: “The....
The now defunct and bankrupt Voyager Digital has been approved by the court to distribute $270 million in funds to creditors and affected customers. The news follows the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board ordering Voyager to remove any statements that allege Voyager is FDIC insured. The U.S. Bankruptcy Court in New York and Judge Michael Wiles have allowed Voyager’s custodian, Metropolitan Commercial bank, to release the $270 million.
New York Bankruptcy Court Approves Release of $270 Million From Voyager’s Custodian
The....