SoFi becomes first US national bank to launch a stablecoin in a consumer app

Iran's control over the Strait of Hormuz could escalate geopolitical tensions, impacting global oil markets and maritime navigation freedom. The post Iran advances control over Strait of Hormuz despite US warnings appeared first on Crypto Briefing.

Persistent inflation challenges the Fed's policy, potentially delaying rate cuts and impacting economic stability amid geopolitical tensions. The post US inflation, Fed no longer sees pressures as transitory appeared first on Crypto Briefing.

SoFi's stablecoin launch could revolutionize consumer banking by integrating blockchain technology, enhancing transaction speed, and security. The post SoFi enables members to buy, sell, and hold SoFiUSD stablecoin appeared first on Crypto Briefing.

The U.S. control over the Strait of Hormuz amid tensions may prolong global energy supply uncertainties and impact maritime trade dynamics. The post US maintains control over Strait of Hormuz amid Iran tensions, says Hegseth appeared first on Crypto Briefing.

Some Iranian crypto wallet owners may not even know yet that their money is gone. Treasury Secretary Scott Bessent disclosed Friday that the US has quietly seized roughly $1 billion in digital assets tied to Iran, a figure that has nearly tripled from earlier estimates released just weeks ago. Related Reading: Unknown Wallet Destroys $8.5 Million In Bitcoin In Shocking Burn Operation Economic Fury The seizures are part of a campaign called Operation Economic Fury, launched in March 2025, which has gone after Iranian assets on multiple fronts — freezing bank accounts, confiscating properties with European allies, and targeting cryptocurrency holdings. Bessent spoke about the effort at the Reagan National Economic Forum, describing the operation as part of a broader effort to cut off Iran financially. The $1 billion disclosure is roughly double the $500 million the Treasury Department announced in late April, and far above the $344 million figure that was made public earlier that same mo

The US's firm stance on the Strait of Hormuz may prolong geopolitical tensions, impacting global oil trade and diplomatic relations. The post US maintains hardline stance on Strait of Hormuz amid Iran tensions appeared first on Crypto Briefing.

The blockade exacerbates geopolitical tensions, disrupts global shipping routes, and heightens economic uncertainty in the region. The post US enforces strict blockade on Iranian ports, impacting Strait of Hormuz traffic appeared first on Crypto Briefing.

The post US Seizes $1B Iranian Crypto as Coinbase, JPMorgan Clash Over CLARITY Act appeared on BitcoinEthereumNews.com. Crypto News The United States has seized roughly $1 billion in Iranian cryptocurrency assets, Treasury Secretary Scott Bessent disclosed at the Reagan National Economic Forum on Friday. Bessent said federal authorities “outright grabbed the wallets,” adding that some Iranian holders may still be unaware their funds have been confiscated. Forensic investigators reportedly traced flows from regime-linked cold wallets using public ledger analysis. The newly announced figure roughly doubles the $500 million in Iranian crypto the Treasury disclosed seizing in late April and significantly exceeds the $344 million reported earlier this month. The operation underscores Washington’s intent to weaponize on-chain transparency against adversarial regimes. The seizures form part of Operation Economic Fury, a financial pressure campaign launched in March 2025 to choke off Tehran’s