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Corporate crypto accounts on HTX face a complete dead end with zero legal exit routes when EU sanctions strike on August 23

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EU sanctions rules will bar direct and indirect transactions with HTX from Aug. 23 when those dealings fall within the bloc’s jurisdiction. For some individuals still needing to exit the exchange, an ordinary withdrawal will then require a narrow authorization from a national authority. Council Regulation (EU) 2026/1848 lists “HTX (HUOBI GLOBAL SA)” in Annex … Read more

Five days, a 30% chance, and a battle over Trump’s crypto profits: Inside the Senate’s scramble to pass CLARITY Act before Friday

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The CLARITY Act enters the Senate’s final scheduled week before the August recess. Monday’s floor schedule opens with H.R. 6500, a government funding vehicle, and CLARITY has yet to appear on the schedule. Negotiators are still working through disputes over government ethics and stablecoin rewards, and prediction markets price the odds of the bill becoming … Read more

CLARITY Act vanishes from Monday’s Senate schedule, triggering 72-hour countdown to save it before recess

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The Senate’s published floor plan for Monday contains no action on the CLARITY Act. Instead, senators are due to reconvene at 3 p.m., with the only listed roll-call vote at about 5:30 p.m. on cloture for the motion to proceed to H.R. 6500, a continuing-resolution vehicle. The chamber’s cloture ledger, updated through July 31, likewise … Read more

The US just blacklisted the Iranian maritime scheme forcing commercial ships to pay Bitcoin tolls for safe passage

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The U.S. Office of Foreign Assets Control added two Iranian maritime insurance firms to its Specially Designated Nationals list on July 29, designating HormuzSafe Marine Services Authority and Persian Gulf Marine Insurance Company as blocked counterparties for U.S. persons and for transactions within or transiting the United States. The OFAC notice lists both Iranian maritime … Read more

New York asks judge to force Kalshi to hand over the names, wagers, and losses of its local bettors

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New York has asked a Manhattan state court to permanently block prediction-market exchange Kalshi from offering what the state calls unlicensed sports wagering to New Yorkers, escalating a fight over whether federal commodities oversight shields the platform from state gambling laws. A verified petition dated July 31 asks the court to order Kalshi to identify … Read more

Why CME wants phone traders slinging leveraged Nvidia contracts at 3 AM after earnings drop

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At 4:05 pm in New York, a large tech company releases earnings. The main stock session has ended, executives begin their conference call, and billions of dollars start shifting through every instrument connected to the company. Shares move across extended-hours venues, options desks recalculate volatility, index futures absorb the broader reaction, and investors in Asia … Read more

380 investors face Bitcoin mining losses after alleged $22M US scheme put just 13% into mining

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A US-based crypto mining venture raised about $22 million from more than 380 investors, then spent just 13 cents of every dollar on its purported mining operation, the SEC alleges. The regulator filed partially settled charges on July 20 against Zan Shaikh and Bright Vision Distribution LLC, doing business as Mining Automatic. According to the … Read more

Crypto investor charged with using 8 companies and new investor cash to keep an alleged $20M fraud alive

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Federal prosecutors say Sioux Falls crypto investor Benjamin Paul Wiener used eight entities in an alleged fraud and money-laundering scheme, then moved investor funds through financial institutions and cryptocurrency exchanges to conceal their location, source, ownership, and control. The government estimates the alleged losses at approximately $20 million across dozens of victims. The Justice Department … Read more