The United States threatened sanctions for any country or entity that engages with Iran’s gold, digital assets, aviation, shipping and tech industries. Here’s why that matters.
Category: Virtual Currency
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Four Years Ago, a Crypto Boss Went Missing. Now His Successor Has.
The New York Times – Business:The mysterious collapse of a European cryptocurrency exchange helps to explain why the industry hasn’t shaken off its reputation as a magnet for criminals.
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Two Binance Employees Detained in the U.A.E. Amid Police Inquiries
The New York Times – Business:The detentions of the workers, who have been released, are a sign of legal pressure that the world’s largest crypto exchange faces in the Emirates, which is home to its main regulator.
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Trump, Who Has Amassed Enormous Wealth in Crypto, Hosts Industry Leaders
The New York Times – Business:President Trump called on Congress to pass a major cryptocurrency bill that would tilt regulation in the industry’s favor.
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Trump Crypto Took $100 Million From a Businessman With Red Flags
The New York Times – On the Runway:The curious case of Guren “Bobby” Zhou shows the ease with which investors with shady backgrounds and unknown motivations can funnel money to the president.
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Nearly a Million Investors Lost a Total of $3.8 Billion on Trump Crypto Coin
The New York Times – Business:A report from a cryptocurrency analytics firm details how those who bought the Trump memecoin have fared, with most retail investors having lost money while sophisticated traders did better.
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Nearly a Million Investors Lost a Total of $3.8 Billion on Trump Crypto Coin
The New York Times – Business:A report from a cryptocurrency analytics firm details how those who bought the Trump memecoin have fared, with most retail investors having lost money while sophisticated traders did better.
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Crypto Brought Trump a Huge Windfall, Even as Many Investors Lost Big
The New York Times – Business:President Trump and his family reaped vast financial rewards from a memecoin that generated losses for hundreds of thousands of investors.
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How Polymarket Traders Revolted Over One Silly Syllable
The New York Times – Business:How one silly syllable ignited a bitter dispute over the nature of reality on Polymarket.
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Crypto Firms and Automakers Are Looking to Open Banks, at Trump’s Urging
The New York Times – Business:Urged on by the White House and a reduction in regulatory oversight, crypto companies and automakers are among those that have applied for banking charters.
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The Risks of Iran’s Threat to Control the Strait of Hormuz
The New York Times – Business:Iran is trying to assert its control over the strait by charging for passage. Experts say it is unlikely to happen, but the threat has unsettled the shipping industry.