US Justice Department Probes Whether Binance Violated Iran Sanctions

U.S. federal prosecutors are investigating whether Binance, the world’s largest cryptocurrency exchange, violated U.S. sanctions rules by failing to block certain transactions tied to Iran, Bloomberg reported. Bloomberg reported on September 21 that

Min Byung-duk Says Crypto Tax Should Allow at Least Five Years of Loss Carryforwards

Min Byung-duk, a lawmaker from South Korea's Democratic Party, said the country should allow investors to carry forward losses for at least five years before imposing taxes on virtual assets, so those losses can be deducted from future gains. In a Fa

Seven Senate Republicans Back Tighter Stablecoin Reward Curbs in CLARITY Act

Seven Republican U.S. senators have joined as co-sponsors of an amendment to tighten limits on stablecoin rewards, a restriction long sought by the banking industry. Punchbowl News reporter Brendan Pedersen reported on September 21 that Republican Se

FIU Pushes Chainalysis Tool to Strengthen On-Chain Tracking of Crypto Crime Funds

South Korea’s Financial Intelligence Unit is moving to build a system that can track criminal proceeds, including voice-phishing money, after they are converted into virtual assets and transferred to overseas exchanges or personal wallets. Seoul Shin

Coinbase Opens IPO Share Subscriptions to U.S. Retail Investors, Expanding Beyond Crypto Into Traditional Finance

Coinbase is expanding beyond digital assets into traditional financial markets by launching an IPO share subscription service for U.S. retail investors. The Block reported on September 21 that Coinbase will start with Oura’s IPO, scheduled for this w

X Sues Bitcoin Influencers, Alleging Engagement Manipulation to Reap 207,384 Pounds

X has sued Bitcoin-related influencers, alleging they manipulated engagement metrics to improperly obtain creator payouts. Wu Blockchain reported on September 21 that X Internet Unlimited Company and X Corp. filed a lawsuit in the U.K. High Court on

Mystery Whale Sells 1,107 Bitcoin, Buys 34,422 Ether and Stakes It All

A large cryptocurrency investor sold about $86.76 million worth of Bitcoin over the past five days, then bought a similar amount of Ether and staked all of it, on-chain data showed. Lookonchain, an on-chain analytics firm, said on Sept. 21 that the w

North Korea-Linked WaterPlum Posed as Crypto, AI Recruiters, Stole at Least $10.7 Million

A North Korea-linked hacking group known as WaterPlum posed as recruiters for cryptocurrency and artificial intelligence companies, spread malware to job seekers and stole at least $10.7 million, Cointelegraph reported. Citing a recent joint cybersec

Kospi Briefly Reclaims 7,000 in Early Trade on Foreign and Institutional Buying; Samsung Electronics Up 3.45%

South Korea’s Kospi opened higher on September 21 and briefly reclaimed the 7,000 level in early trading as foreign and institutional investors bought shares. As of 9:07 a.m., the Kospi was up 96.31 points, or 1.40%, at 6,990.54 from the previous ses

SEC Tokenized-Stock Experiment Seen Benefiting Coinbase, Robinhood and Circle

The U.S. Securities and Exchange Commission’s regulatory experiment to allow tokenized stocks to trade on public blockchains has put Coinbase, Robinhood and Circle in the spotlight as potential beneficiaries. CoinDesk reported on September 20 that th

CLARITY Act Sank in Senate as Crypto Industry Pressure Repeatedly Undid Bipartisan Deals

The CLARITY Act, a U.S. digital-asset market structure bill, failed in the Senate in part because sustained pressure from the crypto industry repeatedly upended bipartisan agreements, according to a report. On September 20, Punchbowl News reporter Br

Kashkari Says US Inflation Is Spreading Beyond Oil Prices Across Economy

Minneapolis Federal Reserve President Neel Kashkari said inflation pressures in the US are spreading beyond the oil shock caused by the Iran war and into broader parts of the economy, including services, underscoring the need to restore price stabili

Goldman Sachs Turns to Forecast of October Fed Rate Hike After September Increase; Bitcoin Holds Near $76,000

Goldman Sachs has reversed its previous forecast that the Federal Reserve would pause after a September rate increase and now expects an additional hike in October. CoinDesk reported on September 17 that Goldman Sachs expects the Fed to raise its ben

US Spot-Bitcoin ETFs See Second Straight Day of Net Outflows as $295.9 Million Exits

More than $200 million flowed out of US spot-Bitcoin exchange-traded funds, extending net outflows to a second straight trading day. Farside Investors data released on September 17 showed US spot-Bitcoin ETFs posted total daily net outflows of $295.9

OpenAI Introduces Framework to Track and Disclose AI Misalignment, Says Systematic Management Is Needed

OpenAI has introduced a new framework to systematically track and publicly disclose cases of artificial intelligence "misalignment," in which AI behaves in ways that diverge from human intent. Bloomberg reported on September 16 that OpenAI has formal

Yen Weakens Again After Hawkish Fed Rate Hike; Dollar Could Reach 160 if BOJ Disappoints

The yen resumed its slide after the Federal Reserve delivered a hawkish rate increase, turning market attention to the Bank of Japan's rate decision on September 18 and any signal of additional tightening. Bloomberg reported on September 16 that the

Tim Cook, Altman to Attend Trump-Xi State Dinner, Joining Jensen Huang

Apple Chairman Tim Cook and OpenAI Chief Executive Officer Sam Altman will attend a state dinner next week for Chinese President Xi Jinping hosted by US President Donald Trump. Bloomberg reported on Sept. 16 that Trump plans to hold the dinner for Xi

Trump Says Inflation Still Too High, Reaffirms Trust in Fed Chair Warsh

President Donald Trump said U.S. inflation remains too high, while reaffirming his trust in Federal Reserve Chair Kevin Warsh after the central bank raised interest rates. The Kobeissi Letter reported on September 16 that Trump said "inflation is too

Bitcoin Swings Between $75,000 and $76,500 After Fed’s First Rate Increase in Three Years

Bitcoin turned volatile immediately after the Federal Reserve raised interest rates for the first time in more than three years, swinging between $75,000 and $76,500. The Block reported on September 16 that Bitcoin traded around $75,600 after moving

Clarity Act Setback Jolts Crypto, but Rates Matter More Than Regulation, Analysts Say

Crypto prices tumbled after the U.S. Senate failed to advance the Clarity Act, but analysts say the market’s medium- to long-term direction will be shaped more by interest rates than by regulation. The Block reported on September 16 that Justin d’Ane

US Spot Bitcoin ETFs Flip Back to $450.4 Million of Net Outflows in a Day

U.S. spot Bitcoin exchange-traded funds swung back to net outflows in a day, with more than $450 million leaving the products. Trader T data on Sept. 16 showed U.S. spot Bitcoin ETFs recorded combined net outflows of $450.4 million the previous day.

US, China Discuss Tariff Cuts Ahead of Trump-Xi Summit, Boosting Hopes for Extended Trade Truce

The US and China are discussing tariff cuts on selected goods, including US energy and farm products, ahead of a leaders’ summit next week, stoking expectations that the two countries could extend their trade truce. Bloomberg reported on Sept. 15 tha

Gold Weakens Ahead of Fed Rate Decision With Odds of Hike at 92%

Gold weakened into the $4,280-an-ounce range ahead of the Federal Reserve's interest-rate decision as firm oil prices and rising Treasury yields fueled concerns that policy will stay tight. Bloomberg reported that spot gold fell 0.2% to $4,284.99 an

Coinbase CEO Says Congress Can’t Wait as SEC, CFTC Move to Clarify Crypto Rules After CLARITY Act Stall

Coinbase Chief Executive Officer Brian Armstrong expressed disappointment after the CLARITY Act failed to advance in the U.S. Senate, but said regulatory clarity for digital assets will still emerge through the Securities and Exchange Commission and

Bessent Says Global Issues Drove Treasury Yield Surge as US 10-Year Tops 5%, Highest Since 2007

U.S. Treasury Secretary Scott Bessent said global issues were the main force behind the recent surge in U.S. Treasury yields. Reuters reported on September 15 that Bessent made the remarks to reporters before appearing at a House Financial Services C

Warren Says Crypto Rules Are Needed but Opposes Current CLARITY Act

Sen. Elizabeth Warren said new legislation to regulate digital assets is necessary, but that she opposes the current CLARITY Act before the Senate. The Block reported on September 15 that Warren told reporters the CLARITY Act represents Washington’s

Former Google DeepMind Researcher Says AI Could Kill All of Humanity

A researcher who recently left Google DeepMind after working on artificial intelligence safety warned that the current course of AI development could become a serious threat to humanity. Former Google DeepMind researcher Bilal Chughtai wrote on X and

Senate Democrats Prepare Counterproposal to Roll Back GOP Changes to CLARITY Act Before Vote

Senate Democrats are poised to put forward a counterproposal that would roll back much of the Republicans’ latest revisions to the CLARITY Act ahead of a vote in the chamber. On Sept. 15, Crypto In America host Eleanor Terrett, citing industry source

KRX’s First Night Session Draws 93% Retail Trading as VI Curbs Triggered More Than 1,600 Times

Retail investors accounted for more than 90% of trading value in the Korea Exchange’s first night trading session, while thin liquidity caused volatility interruption, or VI, curbs to be triggered more than four times as often as during the regular s

DeFi Development Adds 55,491 Solana, Launches $300 Million ATM Program to Step Up SOL Buying

Nasdaq-listed DeFi Development Corp. has increased its Solana holdings again and put in place a $300 million fundraising program to expand its SOL purchases. The Block reported on September 14 that DeFi Development recently added 55,491 SOL, bringing