Here is How CoinEx Turned a Crucial Gateway for Iran’s Crypto Financial system

Here is How CoinEx Turned a Crucial Gateway for Iran’s Crypto Financial system

CoinEx processed billions in transfers with Iranian exchanges, together with greater than $2.7 billion in transactions with OFAC-sanctioned Nobitex since 2018. Greater than $3.84 billion in blockchain transactions have been traced between crypto change CoinEx and sanctioned Iranian entities over a interval of greater than seven years. The findings come shortly after the US Treasury’s…

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Stablecoins and Public Ledgers Flawed, Report Says

The Bank for International Settlements (BIS) warned that the rapid expansion of stablecoins risks fragmenting the global monetary system and weakening sovereign monetary control, urging central banks and the financial industry to accelerate the development of tokenized forms of central bank and commercial bank money as a safer alternative. In its Annual Economic Report published…

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AAVE Holds Support Above $98

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure TL; DR AAVE was described as trading near $98 while holding above a major historical weekly support area. The setup is a technical support watch rather than a confirmed trend reversal. Risk note: Do not repeat extreme upside targets…

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Will Bitcoin Price Recover in July?

Bitcoin (BTC) is heading for its worst monthly loss since mid-2022, with BTC down roughly 18.5% in June as the price struggles to hold the psychological $60,000 support level. BTC/USD monthly chart. Source: TradingView Will Bitcoin’s downside momentum extend in July, or is BTC preparing for a recovery? Key takeaways: Bitcoin’s liquidity map shows a…

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