Headlines

UK Football vs. Crypto Shirts: Why Your Club’s Sponsor Might Be Breaking the Law

The Financial Conduct Authority has sent a formal warning letter to British football clubs, primarily those in the Premier League, warning that sponsorship deals with unauthorized international crypto firms and trading platforms may breach UK law. The timing is deliberate: with England, Scotland, and other home nations heading to the United States, Mexico, and Canada…

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The U.S. Bitcoin Reserve blueprint is due in July

It has been more than a year since President Trump signed the executive order establishing a Strategic Bitcoin Reserve on March 6, 2025, and the project is finally moving from rhetoric toward machinery.  Summary The U.S. already has a Strategic Bitcoin Reserve, but it mostly holds seized Bitcoin rather than newly purchased BTC. July matters…

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AI stocks are draining crypto’s momentum, Bitwise warns

Crypto is losing its momentum-trade status as investors turn toward AI stocks, according to Bitwise chief investment officer Matt Hougan. Summary Bitwise says crypto is shifting from momentum trading to contrarian investing as AI stocks dominate flows. Matt Hougan says investors still believe in crypto but now favor fundamentals over market hype. Bitcoin remains pressured…

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U.S. Treasury sanctions Iran’s largest crypto exchange Nobitex

The U.S. Treasury has sanctioned four Iranian cryptocurrency exchanges and two senior executives at Nobitex after accusing the platforms of helping sanctioned entities access the digital asset ecosystem. Summary The U.S. Treasury has sanctioned four Iranian crypto exchanges, including Nobitex, under its Economic Fury campaign against Iran. Treasury has accused Nobitex of facilitating transactions for…

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