UK Moves To Shut Down Crypto Exchange Tied To Iran’s Military
A blockchain analytics firm found that nearly 90% of money processed by a UK-registered crypto exchange in 2024 was connected to Iran’s most powerful military organization. Related Reading: Crypto Crackdown Intensifies: Canada Revokes 47 Licenses A Billion Dollars And A Fake Boss TRM Labs, which tracks cryptocurrency flows, reported that Zedxion Exchange and a related […]
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According to reports, Iran’s on-chain crypto activity fell sharply in the first half of 2025. Inflows totaled $3.7 billion in the first seven months, a 10% drop from the same period in 2024. The slump accelerated after April: June flows contracted 50% year-on-year and July tumbled 75%. Related Reading: UK Listing? Not For Bitpanda—Liquidity Concerns […]
Markets just got rattled. After Trump ordered airstrikes on Iran’s nuclear sites, crypto took a tumble. XRP slid nearly 16% in the last month, dipping from around $2.47 to $2.04 amid panic across the market. Meanwhile, $595M in bullish bets were wiped out during the crash, as U.S. military action triggered massive liquidations across Bitcoin, […]
US-based crypto exchange, Coinbase, has found itself at the center of controversy after sponsoring a large-scale military parade in Washington, DC, marking the first such event in decades. The parade, held to celebrate the 250th anniversary of the United States, featured various corporate sponsors, including the exchange. Debate Erupts Over Coinbase’s Role In Military Parade […]
Bitcoin has officially lost the $103,600 support level following shocking geopolitical developments. The US military reportedly launched attacks on Iran’s nuclear facilities, triggering widespread panic and risk-off behavior across financial markets. The crypto space was no exception. Bitcoin, which had been holding above key support for weeks, rapidly sold off as fear gripped traders and […]
Bitstamp cryptocurrency exchange moves forward to comply with regulations and requires its users to provide information about their original source of wealth. The company informed its users about the change in the exchange’s policy via emails sent on Wednesday and asked them to submit additional information on the trading platform. Related Reading | Iran’s Illegal […]