Another week, another crypto recap. Here are the five stories that mattered most, kept short and clear.
Strategy’s Bitcoin Crash Threatens Retirement Funds. A sharp drop in Bitcoin has raised concerns about exposure through companies and funds linked to large BTC holdings, with analysts warning of potential spillover risks for retirement portfolios tied to crypto-heavy strategies.
US Will Not Bail Out Bitcoin, Treasury Secretary Bessent Says. Scott Bessent said the US government will not rescue Bitcoin or crypto markets during downturns, stressing that investors must bear their own risks.
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After a Crypto Meltdown, Canada Tightens the Rules to Protect Investors. Canadian Securities Administrators moved to strengthen oversight after recent market turmoil, focusing on custody, disclosures, and investor protection.
India’s Budget Cracks Down on Crypto Tax Evasion. India’s latest budget introduced tougher enforcement measures to curb crypto tax evasion, reinforcing reporting requirements and penalties.
US Targets Iran’s Blood-Linked Crypto. U.S. Treasury announced actions against crypto networks linked to illicit Iranian activities, aiming to block funds tied to violence and sanctions evasion.
This week underscored a clear message from governments: crypto markets are on their own, and oversight is tightening where risks cross legal and ethical lines.
