Coinbase has criticised the UK government's ban on crypto donations, stating it fails to address legitimate concerns about the identity and source of funds. The ban is aimed at preventing foreign interference in UK politics and is seen as a setback for Reform UK. Tether's XAUT Token backed by physical gold is now available on BNB Chain. Fannie Mae has partnered with Coinbase to offer cryptocurrency-backed mortgages with Bitcoin or USDC as collateral. The proposed limits on stablecoin rewards in the U.S. market legislation could impact Circle. Bitcoin's price dropped below $70,000 amid reports of a potential US Military Strike in Iran. The founder of Fenbushi Capital has offered a 20% bounty for information on $42 million crypto theft.