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Crypto
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Italy’s central bank requires crypto firms to screen sanctioned transfers
Banca d’Italia has ordered crypto service providers to implement internal controls for screening transfers linked to sanctioned entities, Cointelegraph reported. The supplied report gives no details on deadlines, penalties, or affected assets.
Germany Draft Bill Would Tax Bitcoin Gains Like Stock Investments
Germany is weighing a draft bill to tax bitcoin gains more like stock investments, targeting tax-free sales after a 12-month holding period. Existing bitcoin holdings would keep their current tax treatment, according to CoinDesk.
Crypto Groups Seek Court Suspension of Illinois Tax as Lawsuit Continues
The Crypto Council for Innovation and Blockchain Association asked a court to suspend an Illinois tax through a preliminary injunction. The motion follows their lawsuit, filed a few weeks earlier, seeking to block the law.
U.S. Bank advances USBDC stablecoin plans with live cross-border payment test
U.S. Bank completed a live cross-border payment transaction while exploring its USBDC stablecoin for treasury payments, liquidity management and collateral. CoinDesk reported that the test represents another step toward a possible stablecoin launch.
OpenAI Claims AI Agents Solved a $1 Million Mathematics Problem
OpenAI says 10,000 AI agents helped produce a proposed solution to one of the seven Millennium Prize Problems. Mathematicians are now debating how independently the internal model generated the work and whether it can be verified.
Wall Street's Newest Crypto Fund Adds Staking to Seek Higher Returns
CoinDesk reports that Wall Street’s newest crypto fund includes a staking feature intended to boost returns. The supplied information links the item to FUN and WAL but does not confirm either asset’s inclusion or provide fund details.
Bitcoin rises as oil exceeds $100 and European shares fall after Iran strikes
Bitcoin reached $79,700 as Brent crude topped $100 and European shares fell after Iran strikes. CoinDesk said the cryptocurrency tracked gold more closely than equities during the market move.
Bitcoin’s SOPR Records 2026’s Longest Profit Run as Bear-Market Debate Continues
Bitcoin’s aggregate onchain profit has extended to a fourth week, giving SOPR its longest profitable run of 2026. However, an analyst warned that BTC still faces downside risk as debate over a bear market continues.
Silvergate former CEO says Biden pressure led to 2023 wind-down
Silvergate former CEO Alan Lane blamed what he called a Biden administration “coordinated attack” for making continued operations untenable and prompting the bank’s liquidation in 2023, according to Cointelegraph.
Iran loosens currency rules for exporters using crypto, FT reports
Iran is reportedly easing currency controls, allowing exporters to use overseas earnings for direct import payments and bring funds home in cryptocurrency while bypassing the official foreign-exchange system.
Singaporean man pleads guilty to leading $245 million crypto fraud ring
Malone Lam, a 22-year-old Miami resident from Singapore, pleaded guilty to leading a ring accused of stealing 4,100 bitcoin worth $245 million through online scams and home invasions, CoinDesk reported.
India’s FIU Flags 15 Crypto Platforms for AML Non-Compliance
India’s Financial Intelligence Unit issued non-compliance notices to 15 virtual digital asset service providers over anti-money laundering lapses, CoinDesk reported. The source did not identify the platforms or provide details on potential penalties.
Iran Relaxes Currency Rules as Crypto Offers a Route Around US Sanctions
Iran reportedly allows exporters to use overseas earnings directly for imports without selling currency at official rates. Cointelegraph linked the change to reported efforts to bypass US sanctions using cryptocurrency.