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US Treasury Sanctions Cambodian Businessman & Conglomerate
13.9.2024
The US Treasury has imposed sanctions on Cambodian businessman Ly Yong Phat and his conglomerate L.Y.P. Group Co.,…
US Treasury Sanctions Cambodian Tycoon Over Crypto Fraud and Trafficking Links
13.9.2024
The U.S. Department of the Treasury has imposed sanctions on Cambodian tycoon Ly Yong Phat and his businesses, linking them to human trafficking and forced labor scams involving cryptocurrency fraud. Victims were manipulated into online scam centers, and trafficked workers were forced into labor...
Standard Chartered: Bitcoin Could Hit $125K Under Trump, $75K Under Harris
13.9.2024
Standard Chartered has reaffirmed its projection that bitcoin will hit new all-time highs by the end of 2024, regardless of the U.S. election outcome. The bank’s digital assets head predicts bitcoin could reach $125,000 under Trump or $75,000 under Harris, with temporary drops under a Harris...
US companies forecast to buy $10.3B in Bitcoin over next 18 months — Report
6.9.2024
The report claimed, a cash treasury “supplemented with a 3% allocation to Bitcoin” would have shielded companies from inflation since 2020
Rising Yield Curve and Jobs Miss Add to Economic Jitters, Stocks and Bitcoin Slide
6.9.2024
Equities kicked off Friday on a quiet note, with little movement as the latest U.S. labor market report unveiled a softer-than-anticipated addition of 142,000 jobs for August. The data only adds to growing recession concerns, layering on top of several earlier signs hinting at an economic slowdown....
Bitcoin Sinks 3% as Markets Brace for Friday’s Jobs Report, Gold Climbs
5.9.2024
On Thursday, the crypto market mirrored the stock market’s downturn ahead of Friday’s anticipated U.S. jobs report. All major U.S. stock indices slipped into the red, with bitcoin (BTC) tumbling 3.6% in the past 24 hours. Meanwhile, gold enjoyed a nearly 1% gain, climbing back above...
$2 Billion Milestone Reached in Tokenized Treasury Bonds
31.8.2024
The U.S. Treasury bond-backed token economy has recently crossed a significant milestone, now exceeding $2 billion in value. Among the various projects contributing to this total, Blackrock and Franklin Templeton’s tokenized funds stand out, commanding a dominant 44.95% share of the net value....
Warren Buffett’s Berkshire Hathaway crosses $1T — nears entire Bitcoin market
29.8.2024
Buffett's profits this year is almost the same as what an average Bitcoin trader has generated in 2024
Bitcoin holdings of publicly listed firms increased to $20B in one year: Data
28.8.2024
A survey showed that 26% of institutional investors and wealth managers support Bitcoin’s use case as a reserve asset.
JPMorgan Strategist Predicts US Liquidity to Contract as Temporary Boosts Fade
28.8.2024
JPMorgan strategist Nikolaos Panigirtzoglou has discussed recent changes in the U.S. M2 money supply, noting a temporary rebound following a decline in April. He expects U.S. liquidity to contract again, similar to 2022, influenced by the Fed’s ongoing quantitative tightening (QT) and slower bank...
Ondo's USDY yield coin expands to Arbitrum
27.8.2024
Tokenized treasury products are gaining widespread adoption on blockchain networks
Tokenized Treasury Funds Pass $2B Market Cap Amid BlackRock’s Explosive Growth
26.8.2024
Less than five months after hitting $1 billion in market capitalization, tokenized Treasury notes have doubled in size again, crossing the $2 billion level on Saturday, according to data from RWA.xyz
Ethereum Foundation Defends $96.9M Transfer Amidst Criticism
26.8.2024
On Aug. 23, 2024, the Ethereum Foundation made a significant transaction by transferring 35,000 ETH, valued at approximately $96.9 million based on current ether rates. The transaction sparked some criticism from the crypto community, with a few voices raising concerns about the foundation’s...
About That 'Gary Gensler for Treasury Secretary' Story
20.8.2024
Report: Kamala Harris to Nominate Gensler as US Treasury Secretary
19.8.2024
According to Washington Reporter, multiple senior Senate staffers suggest that if Vice President Kamala Harris wins the presidential…
Coin Center Wins Right to Sue U.S. Treasury, IRS Again Over Controversial Tax Reporting Rule
19.8.2024
Crypto think tank Coin Center will get another shot at suing the U.S. Treasury Department over what it says is an “unconstitutional” amendment to the tax code that would require Americans to disclose the details of certain crypto transactions to the Internal Revenue Service (IRS)
US mulls applying fiat reporting mandate on crypto transfers
19.8.2024
The US Treasury and Federal Reserve plan to redefine “money” used under the Bank Secrecy Act, aiming to include cryptocurrencies and digital assets in new reporting requirements
US Financial Services Committee leaders want ‘regulatory sandboxes’ for AI
16.8.2024
In a letter signed only by republicans, the committee responded to a request for information sent by the Department of the Treasury
US Financial Services Committee leaders want ‘regulatory sandboxes’ for AI
16.8.2024
In a letter signed by Republicans, the committee responded to a request for information sent by the Department of the Treasury
Tokenized US Treasurys expected to surpass $3B by end of 2024
15.8.2024
Increased crypto adoption and high treasury yields could push tokenized US Treasurys toward a $3 billion market cap by the end of 2024