US Treasury issues sanctions on Iran, targets 4 crypto exchanges
The sanctions come four days after Treasury Secretary Scott Bessent said the US had seized nearly $1 billion in crypto from Iranian crypto exchanges and wallets since late February....
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New York and Europe’s finance watchdogs team up to police stablecoins
New York's financial regulator and Europe's banking authority signed a memorandum to coordinate stablecoin oversight across borders. The deal enables information sharing on issued stablecoins, circulation volumes, and holder counts under MiCA regulations. With the global stablecoin market exceeding $319 billion, enhanced cross-Atlantic supervision targets market integrity and risk identification, particularly for USDT and USDC dominance.
Big tech is 'terrified' of AI agents wiping out ad revenue, says Billions Network CEO
Tech giants face an existential threat as AI agents—which ignore display ads—disrupt the internet's $200+ billion advertising model. Billions Network, supporting over 9,000 developers including TikTok and HSBC, provides on-chain infrastructure for accountable AI agents. The firm also partners with India's Ministry of Labor and Railways, securing credentials for 1.2 million personnel. Non-human traffic now exceeds human engagement, fundamentally inverting how web discovery operates.
Bitcoin plunges below $66,000 as global stocks, AI trades hit fresh records
Bitcoin plunged 6.4% to $65,708 amid broad crypto sell-off, with ether dropping below $1,900. Global stocks hit record highs on AI momentum, creating sharp divergence. MicroStrategy's bitcoin sale, $3.2 billion spot ETF outflows, and Mt. Gox wallet transfer triggered selling. Traders watch $65,000 support level critically; breakdown risks $60,000 target for Indian crypto investors monitoring volatility.