The Historic Significance of Tether’s $16B ‘Bank Run’
By / July 1, 2022, 6:15 pm EDT

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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UST’s Collapse Might Push Central Banks Closer to a CBDC
By / May 16, 2022, 8:09 am EDT

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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Yellen: UST Collapse Could Have Been Avoided With Rules for Stablecoin Issuers
By / May 12, 2022, 3:55 pm EDT

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

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Terra Collapse Could Spell End for Algorithmic Stablecoins
By / May 11, 2022, 4:44 pm EDT

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

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Terra Turmoil Adds Fodder for Secretary Yellen’s Concerns Over Stablecoins
By / May 11, 2022, 12:03 pm EDT

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

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Secretary Yellen: Stablecoins Pose Significant Risk to Financial Stability
By / May 10, 2022, 11:55 am EDT

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

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US Treasury Sanctions First Crypto Mixing Service Following Record Hack
By / May 6, 2022, 4:57 pm EDT

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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Treasury Sanctions North Korean Hacker Group, Confirms Ties to $625M Theft
By / April 14, 2022, 2:33 pm EDT

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

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Michael Saylor Bullish on Promise of Crypto Regulation
By / April 13, 2022, 10:19 am EDT

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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Yellen Warns of Crypto Risk in First Digital Asset Speech
By / April 7, 2022, 1:20 pm EDT

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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