US confiscates $61M in crypto linked to Iranian oil laundering via Binance
The US is seizing $61 million in cryptocurrency allegedly laundered through Binance from Iranian oil sales.
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The US is seizing $61 million in cryptocurrency allegedly laundered through Binance from Iranian oil sales.
Canada will allow immediate expensing for most new capital investment, Prime Minister Mark Carney said.
Binance's co-CEO says a US forfeiture case over $61M in Iranian oil money isn't against the exchange. The DOJ alleges two firms laundered funds via Binance.
Strike CEO Jack Mallers says US debt-to-GDP over 120% points to inflation, cites Japan's example, and sees Bitcoin as the best hedge.
Connor Brown discusses the Clarity Act's Senate cloture vote, the 7-9 Democratic votes needed, and the bill's key compromises.
Gold is pressured ahead of the FOMC decision as markets focus on the dot plot and oil prices.
Earnings reactions stay defensive; Dell and Palo Alto show strength, while Broadcom and Credo remain weak. Dispersion is key.
Canada's July wholesale sales rose 0.3%, beating the -0.5% forecast, though volumes fell 0.6%.
New York's September manufacturing index fell to +7.6, well below the +15.0 forecast, from +20.6 in August.
ADP weekly employment estimate rose to 16,250 for the four weeks ending August 29, exceeding the 12,000 forecast.