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US sanctions 2 crypto exchanges over Iran-linked funds

U.S. authorities sanctioned crypto exchanges Shelbit and Aban Tether after alleging that the platforms helped Iran evade restrictions and move funds connected to the Islamic Revolutionary Guard Corps. OFAC targets Shelbit and Aban Tether The U.S. Treasury Department’s Office of…

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CFTC warns prediction markets over gambling-style odds

The CFTC has warned regulated prediction markets against displaying American-style gambling odds as state authorities intensify efforts to classify sports event contracts as unlicensed betting. CFTC warns prediction markets over odds displays The Commodity Futures Trading Commission instructed regulated prediction…

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SharpLink opposes Ethereum plan to cut staking yield to zero

SharpLink CEO Joseph Chalom has opposed an Ethereum proposal that could eventually eliminate issuance-based staking rewards, warning that the change may weaken ETH’s appeal to institutions and raise capital costs across decentralized finance. SharpLink challenges Ethereum staking proposal Chalom said…

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CLARITY Act vote delayed to September, Bitwise warns

The CLARITY Act’s delay until September could briefly pressure crypto prices before removing a major source of uncertainty, according to Bitwise CIO Matt Hougan. What happened Senate leaders have postponed consideration of the CLARITY Act until September, ending efforts to…