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
‘We fear financial exploitation’: Who will manage our finances if my wife and I become incapacitated?
“We have witnessed our parents’ gradual decline in cognitive ability.” Source:MarketWatch
How fashion designer Marc Jacobs renovated a $9 million Frank Lloyd Wright house
Marc Jacobs might be best known for his catwalk creations, but in 2019, he took on the ambitious project of overhauling a $9.17 million Frank Lloyd…
‘The View’ host Joy Behar finally sells Hamptons house for about half the original asking price
“The View” host Joy Behar has officially offloaded her longtime Hamptons home for $5.65 million—more than $5 million below her original asking price.…
Brent crude reaches $100 as war in Iran intensifies
Oil prices advanced on Thursday after the U.S. said it destroyed five Iranian crude oil vessels. Source:MarketWatch
India’s financial intelligence unit flags 15 crypto platforms for AML lapses
The Financial Intelligence UnitIndia (FIUIND) issued noncompliance notices to what it calls virtual digital asset service providers. Source:CoinDesk
The ECB is virtually certain to hike rates Thursday. Here is why Wall Street is bracing for what comes next.
While nearly all observers anticipate a rate hike today, there is dissent among bond markets about the terminal rate for this tightening cycle from the ECB.…
Iran eases currency rules to bypass US sanctions with crypto: Report
Exporters can now fund imports with overseas earnings without first selling their foreign currency at official rates, the Financial Times reported.…
Jack Dorsey’s Block seeks US trust bank charter for Bitcoin, stablecoin
The proposed Builders Bank would offer federally supervised digital asset custody but would not accept deposits or issue loans. Source:Cointelegraph
Anthropic researcher quits with a warning on AI that echoes 'The Terminator' script
The people building AI earnestly believe that it could kill us all by the end of the decade, Coxon said on X, explaining his resignation. Source:CoinDesk
Gemini receives Singapore payment license for crypto services
Gemini’s local entity is authorized to provide digital payment token and crossborder money transfer services without standard transactionvolume limits.…