Washington Targets Iran’s $7 Billion Crypto Network To Cut Off Financial Chan...
US authorities are reportedly stepping up efforts to disrupt Iran’s cryptocurrency activity, as Washington works to choke off financial channels linked to the regime amid escalating tensions in the Middle East. ‘Breadcrumbs’ In Crypto A FOX Business report released Wednesday points to new figures from a threat-detection data firm estimating that Tehran controls roughly $7.7 […]
Related News
According to reports, Iran’s on-chain crypto activity fell sharply in the first half of 2025. Inflows totaled $3.7 billion in the first seven months, a 10% drop from the same period in 2024. The slump accelerated after April: June flows contracted 50% year-on-year and July tumbled 75%. Related Reading: UK Listing? Not For Bitpanda—Liquidity Concerns […]
Another day, another bitcoin warning from an Asian regulator. This time it's Hong Kong's Secretary for Financial Services and the Treasury, Caejer Chan Ka-keung, who has issued a statement, warning the public that bitcoin is a highly speculative commodity which poses numerous risks. Chan declared that anyone who decides to trade, exchange or hold bitcoins should expect high risks, as the currency does not have intrinsic value, official issuers or a real economy behind it and it tends to fluctuate wildly. However, since bitcoin is not widely used it does not pose a threat to Hong Kong's....
A new Reuters investigation has raised serious questions about Iran’s largest cryptocurrency exchange, Nobitex, describing it as a major channel in a parallel financial system that helps money move around US sanctions—using both the country’s security-linked institutions and everyday users. Even more concerning, the report says the exchange is controlled by two sons from the […]
A senior Hong Kong official has indicated that the government does not see a need for legislation that would regulate or ban bitcoin activities. The statement by Secretary for Financial Services and the Treasury Professor KC Chan comes in response to a question submitted during a meeting of the Legislative Council of Hong Kong by council member Leung Yiu-chung. Leung requested an update on the investigation into the MyCoin bitcoin investment scam as well as clarity on whether officials intend to regulate bitcoin activities more actively, according to a press release from the Hong Kong....
Next generation Bitcoin Exchange Gemini will be used as a sandbox for students of renowned Algorithmic Traders Ernest Chan and Nick Kirk to develop their algorithmic trading skills. Our London Correspondent Nick Ayton caught up with Nick Kirk, a veteran of IBM Research and an algo-crypto trader. Kirk works with the guru of trading Dr. Ernie Chan who is an author of several books seen as the benchmark for aspiring traders including “Quantitative Trading: How to build your own algorithmic trading business” and “Algorithmic Trading: winning Strategies and their Rationale.” Testing waters in....