Binance challenges WSJ over Iran report as DOJ reviews $1 billion flows, Bitwise CIO outlines path to $1 million bitcoin

The U.S. Department of Justice is reportedly examining whether more than $1 billion in crypto flows tied to Iran moved through Binance, while the exchange has filed a defamation suit against The Wall Street Journal over a prior article on Iran-linked activity. Bitwise CIO Matt Hougan argues bitcoin could eventually reach $1 million as it gains share in a multi-trillion dollar store-of-value market, and Ripple, Aave and Wells Fargo each unveiled moves shaping regulation, risk, and tokenization.