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Crypto

U.S. Treasury OFAC sanctions two Iran-linked cryptocurrency exchanges

The U.S. Treasury Department's Office of Foreign Assets Control imposed sanctions on two Iran-linked cryptocurrency exchanges and one individual. The U.S. government judged they helped launder $5 million in digital assets connected to Iran. The sanctioned entities are Selbit, Avan Tether and Iranian national Siavash Kaivanpour. OFAC said the exchanges supported illicit cryptocurrency activity and sanctions evasion, with proceeds used to support Iran's Islamic Revolutionary Guard Corps.

Crypto

Circle adds native USDC to OKX layer2 X Layer

Circle has introduced native USDC and its Cross-Chain Transfer Protocol (CCTP) on OKX’s Ethereum layer2 network X Layer. Users can use Circle-issued USDC directly and transfer it across supported blockchains. X Layer is an EVM-compatible network, allowing Ethereum applications to run with relatively few changes. CCTP burns USDC on the origin chain and mints the same amount on the destination chain.

AI & Enterprise

Disney Plus beta tests AI search using natural language and voice

Disney Plus is testing a new AI feature that recommends films and series using natural-language search, voice queries and recommendation prompts. The limited beta is available to selected subscribers, The Verge reported. Disney said the tool is designed to surface content that fits the moment rather than relying mainly on viewing history. Disney also reaffirmed plans to make Disney Plus the company’s digital hub and is rolling out an AI-assisted interactive search on ESPN.