Bitcoin steadies at 78,951 while two opposite forces collide.
đ Regulatory heat:
⢠US Treasury expanded OFAC powers on Aug 24 to target Iran's crypto sector directly
⢠Foreign companies and individuals are now squarely in sanctions range
đ Institutional momentum:
⢠Tokenized single-name stocks hit 2B â nearly 5% of the entire RWA market
⢠Bitwise launched automated tokenized-stock portfolios with Coinbase for non-US investors
⢠Gemini signed an LOI with Apex to push crypto event contracts into brokerages
â ď¸ Risk radar:
Cosmos Labs urged EVM chains to halt after a shared bug drained three networks â KiiChain lost 148M tokens, and two defects remain unpatched.
$BTC consolidates while the plumbing of TradFi-crypto convergence accelerates beneath the surface.
Sanctions pressure vs. tokenization boom â which force wins by December? đ