Eleven Democrats on the Senate Banking Committee, led by Elizabeth Warren, sent a letter urging Attorney General Pam Bondi and Treasury Secretary Scott Bessent to examine Binance's operations. The request cites reports of illicit finance linked to Iran and potential conflicts with the exchange's 2023 settlement. Separately, Richard Blumenthal's February 24 letter flagged possible $1.7 billion Iran-related transactions; Binance denies sanctions violations.

On February 27, 2026, U.S. equity futures fell after January producer prices beat forecasts, reviving concern about the timing of Fed rate cuts. S&P 500 futures slid 1%, Nasdaq 100 lost 1.1%, and Dow Jones futures dropped 1.2%, while Nvidia fell over 5% on Thursday and Netflix rose more than 6% in premarket trade.

On February 27, 2026, Progmat, Japan's largest tokenised securities platform backed by MUFG, announced plans to move more than $2 billion in digital assets from R3's Corda to Avalanche. The migration includes all active security token projects, such as tokenised real estate and corporate bonds worth 439.6 billion yen, and is expected to be completed by June 2026. The move aims to leverage Avalanche's EVM compatibility, public-chain features and cross-chain settlement capabilities for regulated securities and stablecoins.

On February 27, 2026 in New York, MoonPay and M0 introduced PYUSDx, a platform that lets developers create branded stablecoins fully backed by PayPal USD. The service is designed to cut custom stablecoin deployment from months to days and debuts with USD.ai as its first project, targeting AI-driven and machine-to-machine payments. PYUSDx integrates token infrastructure from M0 with MoonPay's payment rails and offers multi-chain support, reserve reporting, and pricing tools for Web3 and fintech builders.

On Friday, Bitcoin fell below $65,500 as U.S. wholesale inflation and equity jitters intensified. Analysts cut U.S. stocks to neutral on overvaluation, a weaker dollar and policy risks, while the 10-year yield slid to 3.97% from 4.21% over three weeks, sparking rotation talk toward BTC.

Updated on February 27, 2026, the Ethereum Foundation introduced Project Odin, a 12-month accelerator for Ethereum infrastructure to diversify funding and embed strategic advisors in teams such as Vyper. The program follows a three-phase process to build repeatable revenue, while a longer-term FRC model pilots with Vyper to fund R&D via grants and specialized service contracts.

In a Thursday notice, the US Department of Justice said it froze, seized and began forfeiture proceedings on more than $578 million in digital assets tied to criminal groups. The actions, carried out over three months by the District of Columbia's Scam Center Strike Force established by US Attorney Jeanine Pirro in November, target Southeast Asian crypto-related fraud.

On February 26, South Korea’s National Tax Service disclosed photos of seized crypto assets that accidentally exposed 12-word recovery phrases for Ledger hardware wallets. An unknown party then used the seed data to withdraw 4 million Pre-Retogeum tokens, valued on paper at $4.8 million, before later sending them back. The incident revealed a significant custody lapse in how authorities handle Ethereum-based tokens and other self-custodied assets.