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US sanctions Iranian crypto exchange and its software developer over alleged IRGC Bitcoin transfers

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US sanctions Iranian crypto exchange and its software developer over alleged IRGC Bitcoin transfers
The US sanctioned Iranian crypto exchange BitBank, widening its campaign against digital-asset infrastructure allegedly used to finance the Islamic Revolutionary Guard Corps (IRGC). On Sept. 17, the Treasury Department’s Office of Foreign Assets Control (OFAC) said that the sanctioned Iranian financier Babak Zanjani used BitBank between June and July to facilitate hundreds of millions of … Read more

SEC and CFTC bypass Congress to open crypto access after CLARITY fails – with a catch

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SEC and CFTC bypass Congress to open crypto access after CLARITY fails – with a catch
Two days after the US Senate failed to advance the CLARITY Act, federal regulators opened two narrower routes for crypto-linked market access under existing law. The Securities and Exchange Commission created a five-year path for permissioned venues to trade tokenized US stocks through automated market makers. The Commodity Futures Trading Commission broadened staff no-action relief … Read more

XRPL’s new lending tool could lock up your XRP from minutes to decades

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XRPL’s new lending tool could lock up your XRP from minutes to decades
XRP Ledger’s (XRPL) newest server release defines a future lending market in which depositors could commit assets to a vault for a fixed term and wait until a set redemption date to withdraw. For XRP holders, the design introduces a possible liquidity lock that can last from minutes to years. The XRP Ledger Foundation released … Read more

Aave V4’s Arc market is swimming in $76 million of USDC nobody is borrowing

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Aave V4’s Arc market is swimming in $76 million of USDC nobody is borrowing
Aave V4 went live on the Arc Layer-1 network on Sept. 16 and attracted USDC almost immediately. By Sept. 17, point-in-time Aavescan data showed roughly $76 million supplied, less than $100,000 borrowed, and utilization near 0.1%. Suppliers quickly filled the market’s initial capacity, but borrowers had put almost none of that liquidity to work. LlamaRisk … Read more

Solana triples transaction size as major upgrades meet record network activity

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Solana triples transaction size as major upgrades meet record network activity
Solana is rolling out some of its most significant performance upgrades as network activity reaches record levels. The blockchain is increasing how much data applications can pack into individual transactions while also shortening the interval between successive slots, expanding both transaction capability and network responsiveness. The upgrades come as activity across Solana accelerates, raising the … Read more

After Congress killed its landmark crypto bill, the SEC unlocked the $77 trillion US stock market through tokenization

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After Congress killed its landmark crypto bill, the SEC unlocked the $77 trillion US stock market through tokenization
The US Securities and Exchange Commission (SEC) has opened a five-year pathway for regulated US stocks to trade on blockchain-native venues. The Innovation Exemption came two days after the Senate failed to advance the CLARITY Act, a broad crypto market-structure bill that sought to establish statutory rules for digital assets and clarify regulatory responsibilities. The … Read more

Crypto’s first big tax win comes with a catch for stakers and everyday payments

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Crypto’s first big tax win comes with a catch for stakers and everyday payments
Crypto groups are pressing Congress to broaden tax relief after a House panel advanced the first digital-asset tax framework. The House Ways and Means Committee approved H.R. 10357, the Digital Asset Tax Certainty Act, by 38-5 on Sept. 16, sending a package covering crypto payments, stablecoins, trading, lending, staking and mining toward the full House. … Read more