Evening Wrap ยท November 7, 2026
The US Treasury penalized multiple Canadian money services businesses for facilitating digital asset transactions linked to the Iranian regime and narcotics networks.
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US OFAC Sanctions Eight Canadian Crypto Entities Over Iran and Drug Ties
The US Treasury designated eight Canadian money services businesses on Nov. 7 for processing digital asset transfers tied to the Iranian regime, the IRGC, and convicted narcotrafficker Ryan Wedding.
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Apple and Meta Opt Out of OKX-ICE Tokenized Stock Venue
Apple and Meta formally refused third-party listings on the OKX-ICE tokenized stock platform on Nov. 5, completing vetoes from all Magnificent Seven technology companies and bringing total objections to 67 firms.
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Bitmine and Strive Expand Corporate Digital Asset Treasuries
Bitmine Immersion Technologies now holds over six million $ETH, representing 4.9 percent of the total supply, while Strive increased its reserves to 43,124 $BTC following acquisitions in October.
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Prediction Markets Scrutinized Over Election Poll Wagering
Polymarket is investigating after a trader generated over $77,000 in profits by placing wagers roughly an hour before a Times/Siena public survey release, raising concerns about front-running embargoed data.
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NatGold Removes Token From MEXC Following FinCEN Order
NatGold Digital requested the immediate delisting of its $NATG token from MEXC on Nov. 7 after FinCEN prohibited domestic financial institutions from processing the exchange's transfers.
The numbers
Bitcoin trades at $75,527, Ethereum sits at $2,223, and total crypto market capitalization remains flat at $2.53 trillion.
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