The US Treasury slaps sanctions on two people and a UAE firm for laundering crypto for North Korea. Using a front company, they allegedly processed illicit funds. This move targets North Korea’s significant crypto-driven foreign earnings.
The Bitcoin Policy Institute is pushing for a U.S. Strategic Bitcoin Reserve to boost digital asset leadership and reinforce Bitcoin as digital gold. If approved, it could attract capital, fuel tech adoption, and solidify the country's crypto stance.
The appeals court found Treasury's sanctions on Tornado Cash's smart contracts unlawful, as they are not "property" under IEEPA. This decision reversed a Texas federal court's ruling and caused TORN's token price to surge by nearly 900%.
A U.S. appeals court overturned OFAC's sanctions on Tornado Cash, supporting the validity of smart contracts.
US lawmakers seek Treasury's explanation on Tornado Cash operation post-sanctions.
Former CFTC head Giancarlo denies rumors of seeking roles at SEC or Treasury, stating he's done addressing issues left by Gensler.
The US Treasury committee is increasing control over foreign crypto firms operating in the US, aiming to tighten restrictions on their mining and data operations.
During a press conference, the US Treasury sign fell off the podium as Treasury Secretary Janet Yellen was asked about concerns regarding the dollar. The incident sparked interest and humor online.
As Fed rates decrease, investors in tokenization platforms seek more risk.
The Treasury withdraws its 2020 proposal on unhosted wallet KYC requirements amid industry opposition. Meanwhile, an IRS draft Form 1099-DA, including unhosted wallets as brokers, stirs debate. The draft form is open for feedback.
A report suggesting Harris plans to appoint Gensler as Treasury Secretary has ignited debate in political and crypto circles.
The US government launched a $50 billion Treasury buyback program to manage bond supply and increase liquidity.
Gold prices rise due to Federal Reserve rate cut expectations and geopolitical tensions, despite increasing Treasury yields.
The U.S. Treasury plans a significant $50 billion buyback alongside speculation of a potential Federal Reserve emergency rate cut, impacting market dynamics.
Tulip Siddiq faces scrutiny in her new role as Economic Secretary to the Treasury and City Minister due to her past statements indicating a possible 'crypto crackdown.'
The Treasury's digital asset regulations align crypto tax requirements with other financial instruments and exclude non-custodial brokers for now.
President Biden announces leadership picks for SEC, FDIC, and Treasury, with CFTC Commissioner Christy Goldsmith Romero potentially replacing Martin Gruenberg at the FDIC after workplace allegations.
The White House is expected to nominate Commissioner Christy Goldsmith Romero as the next Federal Deposit Insurance Corporation (FDIC) Chair, according to media reports.
The UK Treasury has identified cryptocurrencies as high-risk for money laundering in their latest report, stressing the importance of regulatory oversight amidst the crypto market's volatility and Bitcoin's recent all-time high.
The US Blockchain Integrity Act, if passed, will impose a $100,000 fine for transactions involving crypto mixers while the Treasury prepares a report on them.
GOP senators argue the Biden administration is making cryptocurrency a scapegoat for illicit financing, as discussed in a Senate Banking Committee where Treasury's Wally Adeyemo sought more regulatory power.
US Deputy Treasury Secretary Adewale O. Adeyemo urges Congress to equip his department with tools to counteract cryptocurrency-related illegal activities and sanction violations.
Treasury Deputy Secretary Adewale Adeyemo urges Congress to equip the government with tools to combat illicit finance linked to cryptocurrency, predicting increased misuse by bad actors without such measures.
Despite a growing Cardano Treasury, now holding 1.48 billion ADA valued over $843 million, Cardano's ADA is facing price challenges with persistent sellers in the market.
Ondo's value has surged 140% amidst a tokenization boom, despite potential risks if the Fed lowers interest rates, which would diminish the allure of their US Treasury-backed products.
