Treasury
Ever since rates came off zero and fiscal deficits exploded, markets have started paying close attention to how the government is funding itself
Treasury needs additional secondary sanctions tools that can specifically target digital asset providers, deputy Treasury Secretary Wally Adeyemo pleaded Tuesday
Treasury on Monday released its 2025 revenue proposals, known as the “Greenbook,” detailing many of the same plans it unveiled last year
Treasury officials noted that fiat currencies remain the primary tool for money laundering, and terrorists still use “tried-and-true methods”
There are fresh reporting requirements for crypto, but the Treasury says businesses get a pass until they can finalize the new rules
Lots of crypto bills were introduced, but little progress beyond that was made on the Hill this year
Digital asset firms face potential new regulatory landscape under Treasury’s proposed authority expansion
Deputy secretary Wally Adeyemo said that the Treasury will engage in helping crypto companies take steps to prevent terrorist financing
The Treasury and Internal Revenue Service pushed the deadline to submit comments on their proposed crypto regulations by two weeks
There are still no formal plans for a US digital dollar, with the Treasury continuing to explore what a CBDC might look like
The FSOC’s proposed nonbank framework will “enhance” ability to “address financial stability risks”
Rep. Tom Emmer has urged Janet Yellen’s Treasury office to expand on its Tornado Cash sanctions, saying “expectation of privacy is normal”
Tether whales rushed to redeem $16 billion in USDT following the collapse of Terra’s algorithmic stablecoin, rivaling history’s largest bank runs
Industry members weigh in on how the fall of TerraUSD might affect government policy relating to a central bank digital currency
The framework legislators should use for stablecoins has already been introduced, Yellen said
The UST situation is real-time proof that lawmakers’ concerns about stablecoins are not unfounded
UST’s crash was only just beginning when Yellen appeared before senators Tuesday morning
The Treasury will issue a “comprehensive report” on cryptocurrencies and stablecoins “shortly,” Yellen said
In its first sanction against a crypto mixing service, the Treasury targets Blender.io, which it says was used in the Ronin Network breach
Hackers stole $625 million last month from the Ronin Network, a sidechain used for play-to-earn game Axie Infinity
MicroStrategy’s CEO calls US Treasury Secretary’s speech on digital assets last week a “green light” for the crypto economy
The Treasury secretary reiterated the goals of President Biden’s recent executive order on digital assets and highlighted areas most in need of regulation
Get the daily newsletter that helps thousands of investors understand the markets.