Treasury

There are a total of 20 articles associated with Treasury.
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There are still no formal plans for a US digital dollar, with the Treasury continuing to explore what a CBDC might look like

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The FSOC’s proposed nonbank framework will “enhance” ability to “address financial stability risks”

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Rep. Tom Emmer has urged Janet Yellen’s Treasury office to expand on its Tornado Cash sanctions, saying “expectation of privacy is normal”

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Tether whales rushed to redeem $16 billion in USDT following the collapse of Terra’s algorithmic stablecoin, rivaling history’s largest bank runs

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Industry members weigh in on how the fall of TerraUSD might affect government policy relating to a central bank digital currency

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The framework legislators should use for stablecoins has already been introduced, Yellen said

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The UST situation is real-time proof that lawmakers’ concerns about stablecoins are not unfounded

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UST’s crash was only just beginning when Yellen appeared before senators Tuesday morning

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The Treasury will issue a “comprehensive report” on cryptocurrencies and stablecoins “shortly,” Yellen said

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In its first sanction against a crypto mixing service, the Treasury targets Blender.io, which it says was used in the Ronin Network breach

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Hackers stole $625 million last month from the Ronin Network, a sidechain used for play-to-earn game Axie Infinity

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MicroStrategy’s CEO calls US Treasury Secretary’s speech on digital assets last week a “green light” for the crypto economy

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The Treasury secretary reiterated the goals of President Biden’s recent executive order on digital assets and highlighted areas most in need of regulation

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Traditional finance, which has a long history of adapting to regulatory changes, is seemingly gaining momentum as a trusted provider of specialized crypto products and services

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Sanctions aimed at deterring further conflict between Ukraine and Russia may be undermined by crypto, Democrats said Wednesday

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As some lawmakers continue to push for stablecoins to be issued by only banks, one representative said ensuring stablecoins have sound reserves is more important

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Some representatives, however, said the move would crowd crypto-native stablecoin issuers out of the market

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President Biden is expected to make the executive branch’s stance on cryptocurrency more clear

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Like the IRS in the mainland US, the Puerto Rican tax authority hasn’t issued definite guidance on crypto.

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