Bitcoin trades near $78,000 as memecoins, small caps lead a broad crypto retreat
Bitcoin fell 2% over 24 hours to $78,111 as 95 of the 100 CoinDesk 100 constituents declined, with most of the damage done overnight. Source:CoinDesk
US sanctions Xinbi scam marketplace, restrains $52M in crypto
The Justice Department seized Xinbi’s Telegram channels and two wallets as investigators pursued 47 additional wallets across its alleged laundering network.…
U.S. Treasury sanctions another widespread cyber-scam hub, Xinbi Guarantee
Chineselanguage platform Xinbi is accused of operating on crypto transactions as it offered services to other criminal networks. Source:CoinDesk
Trade groups seek to block Illinois crypto tax before January effective date
Following on their earlier lawsuit, CCI and the Blockchain Association seek to block Illinois’ 0.2% crypto tax, arguing it is unconstitutional and would impose…
German finance ministry proposes 25% crypto tax starting 2028: report
The German Ministry of Finance is reportedly seeking to impose a 25% tax on cryptocurrencies, departing from current laws that make crypto gains taxfree after…
Italy’s central bank orders sanctions screening for crypto transfers
Banca d’Italia ordered crypto service providers to implement internal controls to screen for crypto transfers tied to sanctioned entities. Source:Cointelegraph
Crypto lobbying orgs ask court to suspend Illinois tax as legal case continues
The motion for a preliminary injunction comes a few weeks after the Crypto Council for Innovation and Blockchain Association sued to block the law.…
What could happen if the CLARITY Act fails to pass in 2026
The US Senate has a limited window to pass a crypto market structure bill, but if it were to fail, the legislation could be completely remade or scrapped under…
Wall Street's newest crypto fund comes with a staking feature to boost returns
Your dayahead look for Sept. 9, 2026 Source:CoinDesk
Bitcoin climbs as oil tops $100, equities drop after Iran strikes
Bitcoin advanced to as high as $79,700 while Brent crude topped $100 and European shares fell, leaving crypto tracking gold rather than equities.…
Iran eases currency controls to let traders bring earnings home in crypto: FT
Exporters can use overseas earnings to fund imports directly, bypassing the official foreignexchange system, the FT reported. Source:CoinDesk
Singaporean 22-year old pleads guilty to being the ringleader in $245 million crypto fraud case
Malone Lam, a Miami resident charged with stealing 4,100 bitcoin, led a ring of fraudsters who stole crypto via online scams and home invasions. Source:CoinDesk