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DOJ Targets $61M in Crypto Linked to Iranian Oil Sales via Binance
The U.S. Department of Justice is seeking to seize $61 million in cryptocurrency tied to Iranian oil sales that moved through Binance accounts controlled by two Chinese companies. The case highlights how regulators are increasingly using blockchain analytics to enforce sanctions in the crypto space.
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UAE Moves National Digital ID to Avalanche Blockchain
The UAE is upgrading its national digital identity vault, covering 12.5 million citizens, to run on the Avalanche blockchain. The move signals growing institutional confidence in decentralized infrastructure and could set a blueprint for other governments.
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Bitcoin ETFs Lose $463M as Ether ETFs See $197M Inflows
Bitcoin ETFs shed $463 million in weekly outflows led by ARKB, GBTC, and IBIT, while Ether ETFs gained $197 million thanks to BlackRock’s ETHA fund. The reversal highlights a growing divergence in institutional crypto allocation.
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Coinbase Launches Tokenized Stocks Backed by Real Assets
Coinbase has launched tokenized stocks backed by real securities, offering redemption, dividends, and soon voting rights. The move targets the $70 trillion global equities market and signals a new era for crypto and traditional finance.
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Clarity Act Vote: Lummis Credits Trump for Ethics Reform
Senator Cynthia Lummis credits Donald Trump for the toughest ethics reform tied to the Clarity Act, which faces a crucial Tuesday vote. The bill could reshape US crypto regulation and bring long-awaited clarity to Bitcoin and digital assets.
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SEC’s Atkins Backs Clarity Act: What It Means for Crypto Rules
SEC Chair Paul Atkins has voiced support for the Clarity Act to bring clarity to crypto regulation in the U.S., but warned that the SEC will continue issuing its own crypto rules even if Congress fails to act. The dual approach signals that meaningful regulation is coming regardless of legislative timing.
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UAE Moves National Digital ID to Avalanche Blockchain
The UAE is migrating its UAEPASS digital identity platform, used by 12.5 million people, onto the Avalanche blockchain. Discover why Avalanche was chosen and what this means for the future of government crypto adoption.
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Kraken xStocks: DeFi Yield on Tokenized Stocks and ETFs
Kraken has launched xStocks vaults that let investors earn DeFi yield on tokenized versions of Nvidia shares and major US ETFs. The product routes tokenized stocks into DeFi lending markets, blending traditional equities with on-chain finance. While promising, the move comes with smart contract, custodial, and regulatory risks that users should understand before jumping in.