A Senate Democratic investigation examined 846 Iran-linked wallets and found USDT was the dominant stablecoin in the set. Belarus registered its first prospective crypto banks, though National Bank accreditation and registry inclusion remain outstanding. In the UK, John Healey described Nigel Farage as "Liz Truss with a Bitcoin account." Bitcoin Breakdown examines what these stories reveal about stablecoin control, state-directed crypto banking, and Bitcoin's growing political visibility. https://www.btcbreakdown.com/p/issue-663