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U.S. Treasury Describes NFTs as 'Highly Susceptible to Use in Fraud and Scams'
29.5.2024
"The report determines that illicit actors can use NFTs to launder proceeds from predicate crimes," the Treasury said
Tokyo-Listed Metaplanet to Buy Additional Bitcoin for Its Treasury
29.5.2024
Metaplanet, a publicly traded corporation listed on the Tokyo Stock Exchange, announced on Tuesday that its board of directors passed a resolution to purchase an additional 250 million yen (approximately $1.6 million) worth of bitcoin. For BTC held for long-term purposes, the company explained that...
Semler Scientific shares up 30% after adopting Bitcoin as treasury reserve
28.5.2024
As part of the new treasury strategy, Semler Scientific purchased 581 Bitcoin for $40 million
Medical Tech Firm Semler Scientific Invests in Bitcoin, Acquires 581 BTC
28.5.2024
On Tuesday, the publicly traded medical technology firm Semler Scientific announced its decision to allocate bitcoin to its treasury. The company disclosed that it had acquired 581 bitcoins for a total of $40 million. Semler Scientific Embraces Bitcoin Joining the trend initiated by Microstrategy...
The Sandbox launches Sandbox DAO with 25M Sand Treasury
28.5.2024
The new DAO will allow SAND and LAND owners to vote on platform projects, aiming to enhance transparency and community involvement
US Treasury Secretary Yellen Warns of Challenges in Controlling Deficits and Interest Expense
27.5.2024
U.S. Treasury Secretary Janet Yellen has stressed the importance of managing U.S. borrowing needs amid higher long-term interest rates, emphasizing the need to boost revenue in budget negotiations. “We’ve raised the interest-rate forecast. That does make a difference. It makes it somewhat more...
Former Treasury Official Graham Steele Gets Pushback On FIT21 Take After DIFA Petition Criticism
21.5.2024
Former U.S. Treasury Graham Steele is receiving backlash after he took to X Monday morning to scrutinize a petition created by Digital Innovation For America (DIFA) for the Financial Innovation and Technology for the 21st Century Act (FIT21). The bill is set for a full House vote taking place...
China’s $53.3B Divestment in US Treasuries Signals Massive Shift From Dollar Assets
18.5.2024
According to records, China has divested $53.3 billion in U.S. Treasury notes and agency bonds during the first quarter. Some analysts suggest this reduction in foreign exchange reserves might be China’s strategic move to leverage its holdings against the United States. China’s Treasury...
US Treasury strategy would tighten virtual asset regs, increase use of AI
17.5.2024
Better regulations, greater enforcement and AI are going to be the focus of the Treasury’s fight against illicit finance
U.S. Treasury Says It Wants to Better Money Laundering Regulations Around Crypto, Other Illicit Finance
16.5.2024
The U.S. Treasury Department wants to continue beefing up anti-money laundering and counter-terrorist financing efforts around digital assets, as part of its broader strategy to tamp down on illicit financing
US Lawmakers Urge Treasury Action on Russian Crypto Exchange Sanctions Evasion
16.5.2024
U.S. Congressman Gabe Amo (D-RI), along with Congressmen Brad Sherman (D-CA) and Gerald E. Connolly (D-VA), sent a letter to U.S. Treasury Secretary Janet Yellen regarding the Moscow-based cryptocurrency exchange Garantex. They expressed concerns that Garantex is reportedly facilitating sanctions...
Nasdaq, After Pivoting Crypto Ambitions to Tokenized T-bills, Sees Staffers Exit Amid Delays: Sources
15.5.2024
After ending its crypto custody plan, Nasdaq pivoted to tokenized U.S. Treasuries, but progress was too sluggish for some now-former employees, a person familiar with the matter said
El Salvador Launches Treasury Holdings Site, Confirms Daily Bitcoin Purchases
14.5.2024
The Bitcoin Office of El Salvador (ONBTC) has launched a site that allows anyone to confirm the treasury holdings of the country, offering a large degree of transparency in its finances. The site, composed as a custom instance of mempool space, a popular block explorer, confirms that the country...
Jito DAO considers a $29M liquidity mining investment from the Treasury
14.5.2024
Jito DAO, a Solana-oriented liquid staking solution, is mulling over 7.5 million dollars of conventional JTO token expenditure for liquidity mining. The figure amounts to approximately $29 million, as per the present pricing. It is a segment of the total 240 million JTO holding about the DAO’s...
U.S. Senators Question Justice Department's Pursuit of Crypto Mixers
13.5.2024
A bipartisan pair of U.S. senators is questioning Attorney General Merrick Garland about the "unprecedented interpretation" of law the Department of Justice (DOJ) is using to pursue cryptocurrency software services as unlicensed money-transmitting businesses
El Salvador Launches Bitcoin Treasury Website For its $360 Million BTC Reserves
13.5.2024
El Salvador, renowned for its move to adopt Bitcoin as legal tender in September 2021, has now introduced a cutting-edge online platform for tracking its Bitcoin Treasury.
The post El Salvador Launches Bitcoin Treasury Website For its $360 Million BTC Reserves appeared first on Cryptonews
El Salvador launches $360M Bitcoin Treasury monitoring website
13.5.2024
El Salvador was the first country to adopt Bitcoin as legal tender back in 2021 and now holds over 5,700 BTC
El Salvador Enhances Bitcoin Treasury Transparency With Launch of Dedicated Mempool Space
13.5.2024
In a significant move towards transparency, El Salvador’s National Bitcoin Office (ONBTC) has announced the launch of its own mempool space. This development allows anyone to view the country’s bitcoin treasury holdings. The initiative is supported by Mempool, which revealed it...
Veteran Trader Peter Brandt Warns of SEC’s Full-Scale Assault on Crypto Staking — ‘It’s Going to Be a Bloodbath’
12.5.2024
Veteran trader Peter Brandt has predicted a severe regulatory crackdown on cryptocurrency staking by U.S. regulators, including the Securities and Exchange Commission (SEC). “It’s going to be a bloodbath,” he warned, cautioning that he believes it is “illegal...
White House Plans to Nominate CFTC Commissioner Johnson for Treasury Position
10.5.2024
According to reports, the US Treasury Department's top position involving bank supervision would be filled by the nomination of Kristin Johnson, a commissioner at the Commodity Futures Trading Commission (CFTC), by the White House.
The post White House Plans to Nominate CFTC Commissioner Johnson...