CROFAM

U.S. Sanctions Over $100M in Crypto Linked to Iranian Oil

The U.S. sanctioned people & entities in Iran, UAE, Hong Kong for moving more than $100M in cryptocurrency derived from Iranian oil sales and using crypto networks to bypass sanctions.

“American Bitcoin” Mining Company Launches

Co-founded by Eric Trump and Donald Trump Jr., “American Bitcoin” (merged with Gryphon Digital Mining) has gone public. It holds some BTC and is aiming to use mining operations in the U.S. to grow further.

Roundtable for Bitcoin Strategic Reserve in US

Executives from major crypto companies and U.S. lawmakers met to support the Bitcoin Strategic Reserve Act. This would allow the U.S. government to acquire up to 1 million BTC over five years, aiming for it to be held long term, almost like "digital Fort Knox."