News
23 May 2026, 20:40
U.S. has added nearly 2,000 sanctions on Iran since 2018

Iran has spent more than a month under Washington’s new “Economic Fury” sanctions drive, and the country has still not given the Trump administration what it wants. The campaign began on April 16 with a promise to use the “full range of available tools and authorities” against Tehran’s economy. That sounds big, but the early actions look very close to the old Maximum Pressure plan from Donald Trump’s first term. The United States has issued 2,000 economic sanctions against Iran in just eight years, including the pulling out of the nuclear agreement by Trump in 2018, when Obama was instrumental in making the agreement. The recent economic sanctions followed the establishment of a ceasefire between Washington and Tehran concerning the end of the US military operation codenamed “Epic Fury,” where Treasury Secretary Scott Bessent urged other US allies to get involved in the economic war on Iran by cutting their financial lifeline outside of Iran. However, the Iranians have been preparing themselves for this eventuality over the years, so this sanction does not amount to anything new. Treasury targets Iran’s currency dealers and 19 oil-linked ships A major Iranian foreign exchange house, along with some related fronts, has been hit with sanctions by the U.S. Treasury Department’s Office of Foreign Assets Control. According to U.S. officials, the exchange house was involved in managing hundreds of millions of dollars worth of transactions on behalf of sanctioned Iranian banks. The foreign exchange houses play a critical role in facilitating trade involving foreign currencies for Iran, which is unable to use its conventional banking channels due to sanctions. Iranian foreign exchange houses transfer billions of dollars annually. The funds originate from oil sales, petrochemicals export, and financial networks. According to U.S. officials, these networks have helped Tehran to get access to international financial networks despite warnings issued against the same to banks and companies. Moreover, OFAC imposed sanctions on 19 vessels responsible for transporting Iranian oil and petrochemicals shipments. As per U.S. allegations, these shipments transferred products to international markets and made billions of dollars worth of profit for Iran. This money can be used for making weapons, funding terror organizations, and private enrichment in other countries. Scott said , “Iran’s shadow banking system facilitates the illicit transfer of funding for terrorist purposes.” He also said banks must watch how Tehran uses the global financial system. The new action sits under Executive Order 13902, which covers people and businesses operating in Iran’s financial, petroleum, and petrochemical sectors. Treasury said the designations add to earlier sanctions on exchange houses, Iranian bank rahbar companies, crypto exchanges, and other groups accused of helping Tehran dodge restrictions. Washington warns banks, airlines, and Chinese refiners over Iran trade According to the Treasury, Economic Fury has affected many billions of dollars worth of oil payments that would have gone to Iran. Further, the department reported that U.S. measures have also led to the freezing of almost half a billion dollars’ worth of cryptocurrency that was associated with the Iranian government . Crypto users need to know about this, as it means that Washington now considers the digital assets network to be an integral part of its sanctions program. The department announced that it is going to focus on sanction evasion and digital asset transactions together. Therefore, anyone from brokers, shipping companies, banks, crypto exchanges, or shell companies can find themselves being pursued by the U.S. for helping Iran make payments. Further, Washington has threatened foreign companies with punishment if they participate in doing business with Iran. These could include airlines, commodities, and finance companies. Treasury warned that secondary sanctions could hit foreign banks that help Iran, including those linked to China’s independent “teapot” oil refineries. No publicly listed companies were named in the provided U.S. action, so there are no direct stock tickers to attach without adding outside names that were not in the material. The Trump administration said it is targeting Iran’s main revenue stream, meaning oil and other commodity sales. Any person or vessel that helps with hidden oil trades, secret payment routes, or covert commodity shipments can face U.S. sanctions. Treasury also sanctioned networks accused of supplying weapons and military parts to Iran. It added penalties against an Iraqi official accused of helping sell oil with Iran-backed militias in Iraq. The State Department’s Rewards for Justice program is offering up to $15 million for information that helps disrupt the financial systems of the Islamic Revolutionary Guard Corps and its branches. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
23 May 2026, 19:00
Bitcoin is ready to beat stocks and bonds again after underperformance against Wall Street

Former Credit Suisse global head of portfolio and Risk Dimensions CIO Mark Connors says bitcoin has broken out of its longest stretch of underperformance in history and is ready to beat stocks, bonds, and gold as inflation stubbornly sticks around.
23 May 2026, 18:45
FDIC proposes anti-money laundering rules for bank-affiliated stablecoin issuers

Bank-affiliated stablecoin issuers will now be expected to comply with the same anti-money laundering and sanctions requirements that govern traditional financial institutions. The change is due to a proposed rule that was recently approved by the Federal Deposit Insurance Corporation (FDIC). The FDIC is also separately preparing to modernize anti-money laundering (AML) rules for stablecoins. What is the FDIC asking stablecoin issuers to do? The Federal Deposit Insurance Corporation recently approved a proposed rule that will apply the Bank Secrecy Act (BSA) and its sanctions to all permitted payment stablecoin issuers (PPSIs) that operate as subsidiaries of FDIC-supervised state nonmember banks and state savings associations. Under the GENIUS Act , the FDIC holds primary federal regulatory authority over these entities. The rule mandates stablecoin issuers to comply with anti-money laundering (AML) rules, rules that counter the financing of terrorism (CFT), economic sanctions programs, and reporting obligations set by the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC). The rule would also give the FDIC supervision and enforcement powers over these AML/CFT programs. This proposal is the FDIC’s third rulemaking tied to the GENIUS Act. The agency first proposed an application process for bank subsidiaries intended to issue stablecoins in December 2025, then followed with a prudential framework regarding reserve assets, redemption procedures, capital, and risk management standards in April 2026. The ABA Banking Journal noted that the GENIUS Act directed all federal banking agencies to write implementing regulations for stablecoin issuers, not just the FDIC. The Office of the Comptroller of the Currency (OCC) published its own proposal in February, and FDIC Chair Travis Hill has said the agency aligned its approach with the OCC’s where relevant. The FDIC estimates that between 5 and 30 banks will apply for and receive approval to issue stablecoins in the initial years after the GENIUS Act takes effect, which the agency expects around mid-January 2027. Is the FDIC modernizing AML rules? The FDIC, OCC, and National Credit Union Administration jointly proposed an overhaul of the AML/CFT framework that would redirect supervisory focus toward higher-risk customers and away from lower-risk ones. FDIC Chair Travis Hill said in a statement that banks currently channel much of their resources into complying with BSA requirements, despite it being unclear whether or not that effort translates to advancements in law enforcement or national security efforts. Hill added that the risk of large fines for BSA violations serves as an incentive for banks to deny or close customers’ accounts. The FDIC Board approved the stablecoin AML proposal unanimously, 3-0. The public has 60 days to comment on the rule after it is published. If you're reading this, you’re already ahead. Stay there with our newsletter .
23 May 2026, 18:30
US offers $10M bounty to dismantle Burma’s Tai Chang crypto scam empire

According to the Department of State, a reward of up to $10 million will be offered for information leading to the seizure and recovery of proceeds obtained through money laundering associated with fraud emanating from the Tai Chang complexes in Burma. According to the Transnational Organized Crime Rewards Program, the reward is meant to bring down the network known for defrauding Americans by luring them into crypto investments. FBI and DOJ intensify hunt for Southeast Asia crypto scammers According to reports, the reward has been set by the State Department’s INL, acting on behalf of the Department of Justice’s Scam Center Strike Force. As per the reward guidelines, tips will be managed by the FBI. The informant’s absolute confidentiality will be ensured. Persons working in government and government officials will not receive the reward. In addition, persons located outside the United States may contact their nearest embassy or consulate, and those in the United States may contact the nearest FBI office or [email protected] . This Tai Chang reward is part of a number of recent U.S. government efforts. The Department of Justice has filed charges against two Chinese nationals for running a scam compound in Burma and trying to set up another one in Cambodia. The US has also taken control of a Telegram messaging app used to lure victims into a scam compound in Cambodia, as well as taken down 503 fake websites used in crypto investment scams. At the same time, the Treasury Department has imposed sanctions on Senator Kok An of Cambodia, who runs several scam compounds, along with 28 other individuals and entities in his network. As reported by Cryptopolitan , global authorities are working hard to curb crypto crimes, with recent court decisions from countries such as China, the UK, and Morocco emphasizing tough penalties for culprits. In Fuzhou, China, the Intermediate People’s Court dismissed an appeal and handed down a 12-year, 7-month prison sentence to an individual known as Lin. The individual was also fined 300,000 yuan. Profiling Tai Chang crypto scam empire in Burma’s Karen State According to statistics from the US Government, the American people lost more than $7.2 billion in 2025 due to scams originating in Southeast Asia. Tai Chang and other such scamming centers have been playing a pivotal role in this spike, aided by technology, and conducting massive fraud operations from these centers. The FBI has carried out numerous cases involving the seizure of scam funds, with a particular emphasis on cryptocurrency seizures. There is always the element of human trafficking in these types of scams, in which the people are forced to work at the center to conduct such scams. Tai Chang includes several compounds used in large-scale online scams, including investment scams involving digital assets. Some of the detected compounds include: Tai Chang 1.0, also known as Kyuakhat Casino or Ko Sai, which is located at GPS coordinates 16.467242N, 98.648357E and 16.472469N, 98.645868E. Tai Chang 2.0, also known as Taih or Qingsong, is at 16.425472N, 98.635806. Tai Chang 3.0 at 16.491389N, 98.589722. The centers are among the transnational criminal organizations in Southeast Asia. As reported by Cryptopolitan, the FBI and Dubai Police recently brought down a crypto scamming empire that had cost Americans millions of dollars. This crackdown has led to the arrest of 276 suspects along with the closure of nine scamming centers, mostly in the UAE. The nine fraud sites served as hubs where fraudulent acts could be committed by groups that maintained the false pretenses to coerce victims into investing further. Among those arrested were purported managers and recruiters, even some coming from Burma and Indonesia. The three suspects now face charges of wire fraud and money laundering in the Southern District of California. Don’t just read crypto news. Understand it. Subscribe to our newsletter. It's free .
23 May 2026, 17:02
Pundit to XRP Holders: Congratulations, You’re About to Get Rich. Here’s why

A major leadership transition at the United States Federal Reserve is quickly becoming part of the latest bullish narrative surrounding XRP. As Jerome Powell officially stepped down as Chair of the Federal Reserve and Kevin Warsh assumed the role, reactions from the cryptocurrency community immediately followed. Among the most notable responses came from crypto analyst Steph Is Crypto, who delivered a bold message to XRP holders in a post on X. The analyst wrote, “Congratulations, XRP holders. You’re about to get rich. Bye-bye, Jerome.” The short statement connected growing optimism around XRP with the end of Powell’s leadership at the central bank. For many digital asset investors, the transition signals the possibility of a different monetary environment that could favor cryptocurrencies after years of tight financial conditions. Congratulations $XRP holders. You're about to get rich. Bye bye Jerome pic.twitter.com/GSjLJOZtgi — STEPH IS CRYPTO (@Steph_iscrypto) May 22, 2026 Shift Away From Powell Era Powell’s years as Chair were characterized by aggressive interest rate hikes, inflation control, and tighter financial conditions. Those policies often created pressure on speculative assets, including cryptocurrencies. However, Powell’s exit as Chair does not mean a complete departure from the Federal Reserve system. In an unusual decision, Powell chose to remain on the Federal Reserve Board of Governors, where his term continues until January 2028. That decision has introduced another layer of political and institutional tension within the central bank. Traditionally, outgoing Fed Chairs resign entirely to allow the incoming administration and new leadership to reshape the institution. Many analysts interpreted Powell’s decision to stay as an effort to maintain institutional independence and prevent rapid political influence over monetary policy decisions. For crypto investors, the development has added to ongoing conversations about confidence in traditional financial systems. Some XRP supporters view the internal dynamics at the Federal Reserve as another example of why decentralized and blockchain-based financial technologies continue to attract attention globally. XRP Community Continues to Watch Macro Developments The XRP market has remained closely tied to broader macroeconomic conditions over the past several years. Interest rate decisions , liquidity expectations, and Federal Reserve commentary have all influenced investor sentiment toward digital assets. Steph Is Crypto’s post appeared to capture expectations that the transition from Powell to Warsh could eventually lead to a softer monetary environment. Lower interest rates or less restrictive policy conditions are often viewed as supportive for cryptocurrencies because they can increase liquidity and investor appetite for higher-risk assets. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The analyst’s confident tone also reflected continued bullish sentiment within the XRP community . Many holders believe XRP could benefit not only from improving market conditions but also from growing institutional interest in blockchain-based payment infrastructure and cross-border settlement technology. XRP Narrative Expands Beyond Price Speculation Although the X post focused on the possibility of major financial gains for XRP holders , the timing of the message linked the asset to a broader narrative involving monetary policy, institutional power, and financial system evolution. The Federal Reserve transition has become more than a political story for many digital asset investors. Instead, it represents ongoing friction within the traditional financial structure. Against that backdrop, supporters of XRP and other cryptocurrencies continue positioning blockchain assets as alternatives capable of operating outside conventional banking limitations. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Pundit to XRP Holders: Congratulations, You’re About to Get Rich. Here’s why appeared first on Times Tabloid .
23 May 2026, 14:56
$100B Vanishes From Crypto Market As Macro Fears, Regulation Pressure, And Bond Yields Collide

The crypto market has plunged, losing up to $100 billion in total value over a 24-hour period, and such a fall-out is rattling clients both retail as well as institutional. The ensuing sell-off was rapid and showed some synchronicity across the major digital assets with Bitcoin decisively breaching structural support at $75,000. This is not just part of any normal market correction. By pitching wailing losses, and now with their stream speed, the convergence of macroeconomic worries, geopolitical grit and regulatory anxiety is upon us. Liquidity is declining, market conviction is diminishing, and for the first time in weeks, external factors are dominating over internal momentum on markets. $100,000,000,000 wiped out from the crypto market in the last 24 hours. Damnn… pic.twitter.com/7gO1bHPlr1 — Ted (@TedPillows) May 23, 2026 Geopolitical Tension Sparks Risk-Off Sentiment The main driver of the slump is rising geopolitical concerns between the US and Iran. News that a new wave of U.S. military action was being contemplated has traditionally been wreaking havoc on global markets. Implications go well beyond global politics. Any escalation in the conflict could place upward pressure on oil prices, soon washing through to inflation indicators. High inflation forces liberals, especially the Federal Reserve, to keep or increase interest rates and not pivot to easier monetary policies. This environment is difficult for the crypto sector. Higher interest rates lead to tighter liquidity and lower attractiveness of riskier assets. Capital flows from high-volatility markets such as cryptocurrency to lower-risk, yield-bearing instruments. This is a dynamic already underway that has traders positioning for. REASONS BEHIND THE CRYPTO MARKET DUMP 1. Renewed attacks on Iran CBS News reported the US could strike Iran again. New strikes would spike oil prices, which makes inflation worse. And higher inflation could push the Fed toward rate hikes instead of cuts. Bad for crypto. 2.… pic.twitter.com/CIR97YkHZT — Ash Crypto (@AshCrypto) May 23, 2026 Crypto Market Bullish Momentum Eased by Regulatory Uncertainty At the same time, regulatory ambiguity in the United States is right now dampening market sentiment. Scant optimism of the long-rumored Crypto Market Structure Bill, aka Clarity Act For example, the probability of passage was about 75% before; current estimates are closer to 50%, indicating growing doubts over regulatory clarity in the near-term. On top of that, the U.S. Securities and Exchange Commission has delayed plans to allow trading of tokenized stocks on blocks. This came after concerns over dividends, voting rights, the risks of a “synthetic asset” and protections for investors were the issues raised with traditional financial firms. This delay makes the message redundant: mainstream finance’s integration with crypto ecosystems might take a little longer than everyone is hoping for. That’s quite a big disappointment for a narrative market that is forward guided. Wider resistance shows that defiance against crypto innovation continues strong. This nearer-term directive creates a bearish overhang as institutional investors will take a wait-and-see approach instead of deploying incremental capital. Bond Market Tension Saps Liquidity Even outside of crypto-specific and regulatory-specific pressures, the strain on global bond markets adds another layer of pressure. Japan bond yields at new highs; US Treasury yields still rising Such developments spillover are relevant for global liquidity conditions. Rising yields increase borrowing costs. At a time when capital is more expensive than it has been in a generation, speculative investments of all kinds from crypto are likely to become less attractive. This pushes investors into safer trades providing more competitive returns which in turn reduces the attractiveness of high-risk, higher volatility instruments. This dynamic is especially pronounced in terms of crypto, as its latest cyclical rally was largely attributed to expectations for looser financial conditions. Now that narrative is being challenged, prompting the market to adjust quickly. Bitcoin Price Retests Key Zones as ETFs See Outflows Bitcoin dropped below $75,000 amid stacked pressure from macro challenges. The next important range to watch is between $72,000 and $72,500, which could act as a tipping point for whether the correction continues or stops. Adding another level of difficulty to the situation, Bitcoin exchange-traded funds (ETFs) have seen prolonged withdrawals realized. In the past five days alone, around $1.19 billion slithered out of these vehicles signifying less institutional euphoria over the short run. ETF inflows have contributed greatly to the prominence of Bitcoin as it looks to reach its next level This trend reversal eliminates a key support pillar, exposing more downside risk given the current macroeconomic backdrop. Tokenization Narrative Goes Beyond Temporary Fear Even with short-term market reaction in the negative, the long-term tokenization narrative remains despite the harsher tone observer. Per Bloomberg ETF analyst Eric Balchunas, tokenization isn’t necessarily about instant market overhaul, but rather building new distribution tools. In a way, it changes the manner in which assets are delivered to investors instead of fundamentally restructuring financial markets at the moment. Far away from any roofed style of integration, the SEC’s habitual dullness keeps things slow, but public works are still in progress. The Depository Trust & Clearing Corporation (DTCC) will begin a pilot for its tokenization platform on July 13, full rollout expected by October. The scale is substantial. The platform is designed to process as much as $150 trillion in U.S. equities, involving 50+ trade finance firms and institutions such as BlackRock, JPMorgan and Ripple Prime. This results in a stark difference: while sentiment for the short term is waning, foundational infra is strong. The market might be losing faith in the short-term view but this does not affect the overarching transition to blockchain-based finance, which is very much still happening. Panic is making the headlines but progress continues behind closed doors with any details made publicly available being relatively reassuring. Seven o'clock in the morning. $42 billion evaporated overnight. The timeline is ablaze – red charts, liquidation lists as far as the eye can see. What happened: The SEC delayed its plan for tokenized US stocks on-chain. The initial $42 billion has now dwindled to $66 billion.… pic.twitter.com/KK8PAEtibh — Walter Komarek (@komarglobal) May 23, 2026 What’s Next For The Crypto Market From here on out, the market is being tested at an inflection point. Geopolitical tensions probably lead to increased military action (highly unlikely), Bitcoin is likely to test below support in nearby timeframes. On the other hand, if tensions ease and macro fundamentals stabilize a rebound could take shape as soon as next week. For now, uncertainty prevails. Traders are cautious, institutions are retreating, and macroeconomic signals are contradictory. The next major movement will probably rely much less on any kind of crypto-specific ones, instead being driven by overall economic and political changes. What you realize is this correction is not a stand-alone event. And it is a confluence of many different forces, geopolitical, regulatory, liquidity-driven and sentiment-related, all coming together to create one of the steepest short-term declines we’ve seen in years. The narrative is currently fear, which is not going away any time soon but the evolution of the crypto ecosystem continues, just on a timeline that the market likely wishes was quicker. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !









































