The US government just put sanctions on Nobitex, Iran’s top crypto exchange, saying it helped Iran’s military move money around. Officials claim the platform processed transactions for a banned military group called the IRGC-Quds Force, letting them dodge international restrictions. Under these new
Several major businesses have stayed strong for over 200 years, even as the U. S. faced wars, depressions, and big economic shifts. Some started when George Washington was president. The Bank of New York began in 1784, while Cigna and State Street opened their doors in 1792. But one company beats th
Bitcoin just had its worst week in June, losing over 15 percent of its value and wiping out months of gains. The crash brings the price back to where it was before the last election, even though it had hit a record high late last year. Other major cryptocurrencies like Ethereum and XRP followed the
Financial experts often worry about stock markets, interest rates, and trade wars—but the bigger threat might be invisible. A new study shows how collapsing ecosystems could quietly sink economies, especially in countries already struggling with debt. Researchers built a first-of-its-kind model to r
A financial firm once tied to Reading’s water authority has turned the tables by suing the City Council instead of defending itself in a long-running case about bond debt. The twist? The firm now claims council members share the blame for approving loans that later became controversial. This fresh l
Tether, famous for creating a popular digital dollar, is now setting up shop in Georgia. The plan? A new digital coin tied to the Georgian lari. Sounds simple, but this move raises big questions. Why would a private company team up with a government to launch a currency? And what does it mean when t
A disagreement between a major bank boss and a crypto chief is heating up over new rules for digital money. Brian Armstrong, who runs the crypto exchange Coinbase, recently called out Jamie Dimon from JPMorgan for attacking his ideas. Armstrong didn’t hold back, calling Dimon’s views "kind of sad. "
The price of ADA, Cardano’s cryptocurrency, has fallen hard lately, dropping over 12% in a short time. This decline reflects bigger struggles in the crypto market, where bad conditions are forcing many projects to shut down. The founder of Cardano recently admitted frustration with the lack of suppo
The U. S. Securities and Exchange Commission recently shared its updated plan for the next five years, shifting its focus toward digital assets like cryptocurrency. Unlike past efforts that often treated new financial tools as problems, this draft aims to create clearer rules for blockchain-based te
The Financial Conduct Authority (FCA) has written to several football clubs, including those in the Premier League, to caution them about deals with crypto companies that may not be licensed. The FCA’s fraud unit head, Fiona Mackinnon‑Miller, said it has noticed more clubs signing up with firms t
