Key Takeaways Trump issued EO 14404 on May 1, forcing a bank to cut ties with Fincimex and next halt Cuba transactions. Halting Visa and Mastercard hits Cuba’s tourism market, next blocking 100% of income from Western cards. Effective June 6, tourists must next rely on Mir Cards or UnionPay as OFAC broadens trade sanctions….
Key Takeaways Strategy sold 32 BTC on June 1, 2026, ending its standalone sale streak since 2022. U.S. bitcoin ETFs logged $4B in outflows, adding pressure to BTC prices. Michael Saylor cites $400B artificial intelligence (AI) spending as a key factor to watch next. Strategy Boss Blames $400B AI Spending Wave At 10 a.m. EDT,…
Key Takeaways DDC Enterprise purchased 90 BTC on June 3, 2026, lifting total holdings to 2,804 BTC at a $78,736 average cost. The company’s YTD BTC Yield of 48.3% tracks per-share bitcoin exposure growth, not price appreciation. DDC now ranks approximately #28 among public corporate bitcoin holders, with holdings nearly tripling since mid-2025. Another Dip…
Key Takeaways DOJ and partners disrupted 1.4M+ scam-linked accounts during May 18-21 operations. Coinbase helped freeze $3M+ in crypto as fraud losses topped $7.2B in 2025. DOJ, Meta, and global agencies identified suspects and may pursue new prosecutions. DOJ Targets Southeast Asia Scam Networks, Freezing $3.8M in Stolen Crypto The U.S. Justice Department said it…
Key Takeaways In August 2025, the Israel Tax Authority cut anonymity rules, causing crypto disclosures to drop to just 58. The policy shift left Israel with $14 million in revenue, missing a $700 million market collection goal. Taxpayers face a steep compliance hurdle before the current voluntary disclosure track closes on Aug. 31, 2026. Broad…
Key Takeaways Bitmine filed to raise $300M through 9.50% perpetual preferred stock on June 3, 2026, backed by Moelis and Cantor Fitzgerald. The company holds 5,416,901 ETH worth roughly $9.89B total (using current exchange rates), with projected staking income of up to $296M annually covering the $28.5M dividend obligation. BMNR applied to list the preferred…
Key Takeaways Kalshi put Santos’s State of the Union attendance near 75% before his no-show sent the odds tumbling. The DOJ and CFTC opened investigations after Santos allegedly profited in the tens of thousands. His case follows Polymarket probes over a $1.2M Google trade and a $400K bet on Maduro’s capture. A Convicted Fraudster Lands…
Key Takeaways Peirce questioned whether securities rules should cover blockchains, validators, developers, and neutral software. Regulators could focus more on custody, control, and discretion than infrastructure alone. Builders may face pressure to improve audits, key management, disclosures, and security safeguards. Why the SEC’s Blockchain Boundary Fight Could Reshape Crypto Rules A June 3 speech from…
Key Takeaways Former officials urged Senate leaders to support the CLARITY Act’s crypto market rules. Notably, 160 national security, intelligence, and law enforcement veterans signed the letter. Senators now face mounting pressure to decide the bill’s future path. Crypto Rules Debate Intensifies as Senate Faces CLARITY Act Pressure Pressure is rising in Washington over the…
Key Takeaways XRP turned 14, highlighting the XRP Ledger’s longevity in digital payments. Ripple CEO Brad Garlinghouse and CTO Emeritus David Schwartz reflected on XRP’s growth and community contributions. Mastercard’s XRPL settlement plans pointed to expanding institutional payment use cases. XRP Anniversary Highlights Community Growth and Long-Term Payments Ambitions XRP has turned 14, marking a…
