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Secretary Yellen recognizes ‘benefits of crypto’ despite lingering skepticism
25.3.2022
U.S. Secretary of the Treasury, Janet Yellen speaks to CNBC's Squawk Box shares her views on the state of digital assets amid calls for imposed regulations
Spanish Treasury Admits That Cryptocurrency Holdings Don’t Need to Be Declared Under Model 720
24.3.2022
Spain’s Ministry of Treasury has admitted that Spanish citizens are not forced by law to declare their cryptocurrency holdings under the disputed Model 720, which involves declaring funds held abroad. While the antifraud law approved last year established this duty, there are still no rules...
Popular BTM Operator: Bitcoin of America Adds Dogecoin to Their Bitcoin ATMs
24.3.2022
PRESS RELEASE. Bitcoin of America is a popular virtual currency exchange, registered as a money services business with the United States Department of Treasury (FinCEN)(RegNum). Apart from ensuring a fast and hassle-free transaction, they are known for their customer support. Bitcoin of America...
Salvadoran Bitcoin Bonds Might Be Issued by State Geothermal Company La Geo, Delays Possible
23.3.2022
The treasury minister of El Salvador, Alejandro Zelaya, has informed about the future of the issuance of the bitcoin bonds and the possibility of these being issued by La Geo, the national geothermal power company. Zelaya also referred to the day of issuance of these instruments, hinting at...
Mango DAO Embraces SOL, Rejects BTC With $1M Treasury Investment
22.3.2022
The governing body behind Solana’s Mango Markets overwhelmingly rejected calls to invest even a sliver of its nearly $700 million treasury in bitcoin
US Treasury Official: We Don’t See That Crypto Could Be Used in Large-Scale Way to Evade Sanctions
20.3.2022
The U.S. Department of the Treasury does not see that cryptocurrency could be used in a large-scale way to evade sanctions. “Its share as a medium for illicit finance is not anywhere as large as just using cash,” a senior Treasury official noted. Treasury Department’s View...
G7 Countries: We Will Ensure Russia Cannot Use Crypto Assets to Evade Sanctions
14.3.2022
The Group of Seven (G7) countries issued a joint statement stating that they “will ensure that the Russian state and elites, proxies and oligarchs cannot leverage digital assets as a means of evading or offsetting the impact of international sanctions.” Meanwhile, the U.S. Treasury...
US Treasury Launching Cryptocurrency Awareness Program
12.3.2022
The U.S. Department of the Treasury is launching a cryptocurrency awareness program. “We’re just trying to raise awareness without trying to stamp out new technology and new innovation,” said an official of the Treasury. Treasury’s Efforts to Raise Crypto Awareness...
Treasury Department Issues Guidance on Using Crypto to Evade Sanctions
12.3.2022
The White House said earlier in the day that such guidance would be forthcoming
Demand for UST Keeps Rising, Luna Foundation Guard to Burn 4.2 Million LUNA From Treasury
11.3.2022
The Luna Foundation Guard (LFG), a nonprofit organization, has announced new measures to keep the supply of UST, the flagship stablecoin of the Terra ecosystem, liquid in secondary markets. The protocol has already reached the max issuance of UST per day, but demand is strong enough that...
Biden Signs Executive Order Establishing National Crypto Policy Across 6 Key Priorities
9.3.2022
U.S. President Joe Biden has signed a “historic” executive order on crypto assets, establishing “a national policy for digital assets across six key priorities,” the White House stated. The executive order outlines “the first-ever, whole-of-government approach...
US Treasury Issued Then Deleted Announcement Saying New Crypto Regulatory Measures Are Incoming
9.3.2022
Washington said in a now-deleted announcement that it was set to change the way it regulates cryptoassets – following speculation and leaks claiming that intensified policies are on their way. Observers have responded by warning that short-term volatility may ensue in the crypto markets, with...
Treasury to launch financial education initiative around crypto investments
9.3.2022
More education and awareness for crypto asset investing “would be helpful” according to Treasury officials
Janet Yellen let slip details of Biden's executive order on crypto
9.3.2022
The Treasury’s statement came a day early and was removed from the site, but not before the details of how Secretary Yellen plans to respond to President Biden's forthcoming order
Janet Yellen: US Treasury, Other Departments Will Publish Report on Money Under Biden Crypto Executive Order
9.3.2022
Treasury Department Launching Crypto Education Initiative: Report
8.3.2022
The initiative centers around informing the public about the potential risks of investing in crypto
US Treasury Yield Curve Highlights Recession Signals, Analyst Thinks Fallout Will Be ’10x Worse Than the Great Depression’
6.3.2022
Fears of a recession and a 1970s-style stagflation economy continue to grip Wall Street and investors this week, as multiple reports show that recession signals have intensified. With oil and commodity prices surging, Reuters reports that investors are “recalibrating their portfolios for...
US Treasury Monitoring Crypto Use to Evade Sanctions, Says Treasury Secretary Yellen
4.3.2022
U.S. Treasury Secretary Janet Yellen says the Treasury Department is monitoring Russian efforts to evade sanctions using cryptocurrency. Four U.S. senators have written to Yellen raising concerns about Russia using cryptocurrency as a channel to circumvent sanctions. Treasury Secretary Janet Yellen...
Hillary Clinton Urges Biden Administration to Pressure Crypto Exchanges to Block Russian Users
2.3.2022
Former presidential candidate Hillary Clinton has criticized the Biden administration and European governments for not pressuring cryptocurrency exchanges to end transactions with Russian users. She believes regulators “should look hard at how they can prevent the crypto markets from giving...
US Treasury Dept lists digital currencies as part of effort to sanction Russia’s government
28.2.2022
The Treasury Department guidelines equated crypto transactions to “deceptive or structured transactions or dealings” in attempting to evade U.S. sanctions