OFAC Sanctions Firms Over Iran Strait Insurance Scheme
The US Treasury sanctioned two firms over an alleged IRGC-backed insurance scheme in the Strait of Hormuz. Authorities cited Bitcoin payments and designated eight tankers as blocked property.
Corporate | News | Regulation
Crypto Exchanges Expand Into Stocks and Commodities
MEXC and other platforms are adding tokenized stocks, equity futures, and commodities to crypto trading apps. Product structure determines whether users gain ownership rights or price exposure only.
CrypFine Joins Coinone Travel Rule Network in South Korea
CrypFine has been added to Coinone’s CODE Travel Rule network, enabling compliant crypto transfers above KRW 1 million. The integration took effect on July 20, 2026.
Stablecoin Supply Hits $309.7B as XDC Integrates Bridge
Stablecoin supply reached $309.7 billion in July 2026. XDC integrated Stripe-owned Bridge to provide regulated fiat conversion and custody services to developers.
CZ Reflects on Legal Missteps During Binance’s Early Expansion
Changpeng Zhao said he underestimated legal and political risks when building Binance. His 2023 guilty plea led to a $4.3 billion fine and his resignation.
EU Sanctions Target 11 Crypto Platforms, Tightening Access for Russian Users
The European Union has adopted new sanctions targeting 11 crypto platforms and 94 Russian banks. Russian users face stricter access and compliance checks on major exchanges.
Digital Chamber Sues Illinois Over 0.2% Digital Asset Tax
The Digital Chamber is challenging Illinois’ 0.2% Digital Asset Tax Act in court before its 2027 launch. The group argues the law unfairly targets blockchain-recorded assets.
News | Regulation | Security
Wanchain Bridge Exploit Drains NIGHT Reserves, Token Hits Record Low
An attacker drained about 515 million NIGHT from Wanchain’s Cardano bridge, leaving wrapped tokens largely unbacked. The token fell to a record low as the bridge was suspended.
Open USD Expands Stablecoin Competition With Consortium Model
Open USD launches with more than 140 partners and a reserve revenue-sharing model. The move intensifies competition in a stablecoin market exceeding 300 billion USD in supply.
Stablecoins Reach 80% of Volume at SCRYPT Amid Institutional Shift
SCRYPT says stablecoins now account for about 80% of its processed volume. The firm acts as TON’s institutional gateway for regulated on-chain settlement.