Iran Sanctions Hit Crypto Infrastructure: The U.S. Treasury’s OFAC sanctioned Iranian exchange BitBank, its developer Pishtaz Simorgh, and three associates tied to Babak Zanjani, alleging BitBank helped move hundreds of millions in Bitcoin to the IRGC as part of “Operation Economic Outcast.” Regulation Pivot for Tokenized Stocks: The SEC launched a five-year “Innovation Exemption” for tokenized U.S. stock trading on blockchain venues, with limits (no synthetic exposure) and issuer-notice rules. Crypto Bill Stalls, Markets Wait: The Senate failed to advance the CLARITY Act, leaving U.S. crypto market-structure rules in limbo while Coinbase CEO Brian Armstrong said the bill is “dead” and firms should focus on regulators. SEC vs. Crypto Payments Reality: San Diego proposed warning signs for crypto ATMs after scam reports; meanwhile, the CBCS in Curaçao warned residents about pyramid-like promo schemes using tokens. Revolut Breach Escalates: Hackers linked to a Revolut data leak reportedly demanded $3m in Monero and claimed they targeted 680 crypto-heavy customers. Stablecoin Expansion: Upbit listed JPYC, Japan’s yen stablecoin, enabling won-to-yen stablecoin trading in South Korea. AI Tokens Catch a Bid: AI-linked crypto tokens jumped after King Charles hosted major AI executives, with NEAR leading gains. Cybercrime Warning: Chainalysis reported a sharp rise in malware infrastructure stored on public blockchains.