Bitcoin’s Warning Realized: Iranian Bank Goes Bankrupt, Millions Affected
Ayandeh Bank, one of Iran’s largest private lenders, was formally shut down by regulators on October 23, 2025, leaving millions exposed to uncertainty — a moment that revived talk about Bitcoin’s original warning against trusting banks too much. Related Reading: Trade War Talks: US, China Signal Progress In Malaysia; Crypto Traders Take Notice The Central […]
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US Representative Ro Khanna announced plans to introduce legislation aimed at stopping elected officials — including US President Donald Trump, members of Congress and their families — from trading or creating cryptocurrencies and from taking certain foreign funds. Related Reading: Bitcoin’s Warning Realized: Iranian Bank Goes Bankrupt, Millions Affected The move comes amid renewed scrutiny […]
IBM has introduced a platform called IBM Digital Asset Haven aimed at giving banks, governments and other regulated organizations tools to hold, move and manage tokenized assets. Related Reading: Bitcoin’s Warning Realized: Iranian Bank Goes Bankrupt, Millions Affected According to IBM’s newsroom, the product will be available as a SaaS or hybrid SaaS offering in […]
In remarks that highlight flaws of the fiat currency system, the European Central Bank (ECB) president, Christine Lagarde, says the institution cannot go bankrupt even if it incurs losses running into trillions. According to Lagarde, normal bankruptcy rules do not apply to the ECB primarily because it is the sole issuer of euro-denominated central bank money. The Eurosystem will always be able to generate additional liquidity as needed. Bankruptcy Rules Not Applicable to ECB The ECB leader made her remarks while responding to a question from an Italian member of the European Parliament.....
The Middle East is catching up with Bitcoin, as Iran’s National Center of Cyberspace (NCC) has been intensively working on the issue lately. At least, that’s what report from the Fars News Agency website suggests. Judging by the translated version of the text, the Iranian government’s position regarding Bitcoin is quite positive, opposed to the “convenient” warning and disclaimer that is usually meant to scare potential users, so that officials could ignore the digital currencies further. The CEO of the Persian Shoes (online retailer), Mor Roghani was very positive on the subject: “The....
Startups have spoken out against government attempts to curb the operations of crypto exchanges in Iran. Cryptocurrency trading is not illegal, Iranian fintechs insist, calling on lawmakers and regulators to develop rules that would allow the sanctioned country to continue to take advantage of decentralized money transfers. Iranian Fintechs Insist There Is No Ban on Cryptocurrency Trade Recent statements by various authorities in Teheran have prompted a response from the Iran Fintech Association (IFA) which represents companies working in the sector. In a letter to the speaker of....