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Italy’s central bank orders sanctions screening for crypto transfers

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Banca d’Italia ordered crypto service providers to implement internal controls to screen for crypto transfers tied to sanctioned entities.

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Coin Market

TRM Labs doubles valuation to $2B in Series C expansion

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The blockchain intelligence firm said its annual recurring revenue has quadrupled over the past three years as it expands its AI-powered investigations business.

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Coin Market

Bitcoin fails to reclaim $80K as Bessent fuels yen strength around 153 per dollar

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Bitcoin trended lower with US stocks on Iran escalation while US Treasury Secretary Scott Bessent contributed to fears of a yen carry-trade unwind.

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U.S. Bank tests proprietary stablecoin in cross-border Stellar transaction

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The pilot moved USBDC between the bank’s North American and European entities on the public Stellar blockchain.

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