
Crypto
Solana Jumps 6.6% to $82.23 as US Treasury News Lifts Crypto
Solana climbed 6.6% to $82.23, with traders pointing to US Treasury-related developments as a catalyst for the sharp single-day gain.
By Jordan Blake2 min read
Topic

Solana climbed 6.6% to $82.23, with traders pointing to US Treasury-related developments as a catalyst for the sharp single-day gain.

The US Treasury has sanctioned crypto exchanges connected to Iran's Islamic Revolutionary Guard Corps, escalating efforts to cut off illicit digital asset flows.

The US Treasury has put forward a regulatory proposal that would impose stricter oversight on cross-border cryptocurrency transfers, raising compliance questions for exchanges and users alike.