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Republicans Seek to Repeal Biden’s Inflation Reduction Act in Exchange for Raising US Debt Limit
23.4.2023
There has been a lot of commentary concerning the U.S. raising its debt limit, as Treasury secretary Janet Yellen said last month that a U.S. default would be “devastating,” and European Central Bank president Christine Lagarde warned it would be a “major disaster” if...
Treasury Secretary Yellen Says US Government Will Take ‘Any Steps Necessary’ to Preserve Its Financial Dominance
22.4.2023
According to U.S. Treasury Secretary Janet Yellen, the United States government is prepared to take the steps necessary to ensure its financial system remains the world’s strongest and safest. Yellen said that the U.S. government will not hesitate to punish Chinese companies that violate...
Innovate some compliance mechanisms, US Treasury official tells DeFi community
21.4.2023
Assistant Treasury Secretary Elizabeth Rosenberg said the Treasury was enhancing its regulatory regime and DeFi should program in some compliance
Crypto Lender Maple Finance Opens U.S. Treasury Bill Pool for Cash Management
19.4.2023
Maple’s new lending pool offers accredited investors, crypto firms and DAO treasuries a way to earn yield on their idle stablecoin holdings by investing in one-month U.S. Treasury bills
Maple Finance launches pool for US Treasury yields
19.4.2023
The so-called on-chain management protocol gives non-U.S. accredited investors access to one-month U.S. Treasury yields
Gold Slides on Higher US Treasury Yields, Dollar
19.4.2023
Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop of expectations of new interest rate increases next month amid persistent inflation in the United States and elsewhere. Gold and Silver Slip as Investors...
UK may have crypto regulation within a year, says senior minister
19.4.2023
The lawmaker said the regulation will need to be both “pragmatic” and “proportionate” to ensure economic growth is maximized
Coinbase to help UK on Web3 hub as Treasury reportedly revives blockchain taskforce
18.4.2023
Brian Armstrong will give suggestions to the U.K. on regulations, taxes and ensuring collaboration between the banking and FinTech sectors
US Treasury Secretary Janet Yellen Acknowledges Sanctions Weaponization Could Hurt Dollar Hegemony
17.4.2023
U.S. Treasury Secretary Janet Yellen talked about the dangers that sanctions based on the U.S. dollar might pose for the hegemony of the currency in international markets. According to Yellen, the government tries to use sanctions “judiciously,” as they can create a desire to find...
China Opposes Recent US Sanctions for Chinese Firms, Criticizes ‘Long-Arm’ Jurisdiction Policies
17.4.2023
The government of China protested the enactment of sanctions on a series of national companies by the U.S., barring them from doing business with U.S.-based entities for allegedly collaborating with Russia. China’s Commerce Ministry criticized the move, saying it is a “typical form...
Growing Links Between Middle East, Russia, China Pose Huge Challenge for US, Warns Former Treasury Secretary
17.4.2023
Former Treasury Secretary Lawrence Summers has expressed concerns that a rising number of countries, including China, Russia, and the Middle East, are aligning themselves and gaining global influence. “I think [it] is a huge challenge for the United States,” he cautioned. Larry Summers on Countries...
Olympus DAO Votes to Buy More ETH for Treasury Backing OHM Token
14.4.2023
The rebalancing comes as ether rallies off a successful Shapella upgrade
ROOK Investors Begin Swapping Tokens for $25M Crypto Treasury
14.4.2023
Holders of the former governance token have 90 days to exchange their ROOK for USDC
Zambia’s crypto regulation tests to be wrapped by June: Report
13.4.2023
According to Zambia’s tech minister, Felix Mutati, the country needs digital identities and other necessary digital infrastructures before it introduces crypto
US Treasury to Attempt Coercing European Countries Into Implementing Sanctions Against Russia
12.4.2023
Officials of the U.S. Treasury Department will travel to Europe this month with the objective of getting more countries to apply punitive actions against Russia. The tour, which includes visits to Switzerland, Italy, and Germany, aims to stop the material support companies in these states provide...
World Regulators Are Looking at DeFi
12.4.2023
Decentralized finance (DeFi) is entering regulators’ crosshairs, but they don’t seem to be intent on taking it out – yet anyway. Instead a pair of reports from U.S. and French authorities seem more focused on understanding what sort of risks DeFi might pose to both users and the broader financial...
ROOK Investors Aim to ‘Rage Quit’ Through Plan to Liquidate $25M Crypto Treasury
11.4.2023
Their vote could hand ROOK token holders a big payout
Lending Platform Maple Prepares New U.S. Treasury Pool; MPL Token Rises 23%
11.4.2023
Maple’s new pool will allow accredited investors, corporate treasuries based outside of the U.S. to invest in U.S. treasury bonds on-chain, CEO Sid Powell said in a community call
ROOK Token Surges Ahead of $50M Treasury Split Between Community and MEV Tech Builders
10.4.2023
The MEV project Rook is hurtling toward major changes following an effort to split the token from the DAO
Community wants Arbitrum Foundation to return 700M ARB to DAO Treasury
9.4.2023
A new proposal asks the Arbitrum Foundation to return 700 million ARB tokens after community backlash. Voting ends on April 14