US Treasury and UAE target North Korean digital asset launderers
Two Chinese citizens and a UAE trading company have been sanctioned by the United States for their alleged roles in money laundering for North Korea. Go to Source
US Treasury
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US Treasury Acknowledges Bitcoin as ‘Digital Gold’ in Fiscal Report
The U.S. Treasury’s Fiscal Year 2024 Q4 Report describes how “digital assets have witnessed rapid growth albeit from a small base,” highlighting bitcoin’s “primary” function as a “store-of-value.” Treasury’s Bitcoin Remarks Ignite Conversations Among Enthusiasts On Saturday, enthusiasts on X buzzed over the Treasury’s comparison of bitcoin to “digital gold.” The report, crafted by the … Read more
Death of Meta’s stablecoin project was ‘100% a political kill’ — Ex Diem boss
United States Treasury Secretary Janet Yellen supposedly convinced Federal Reserve Chair Jerome Powell into killing the project, the former Meta executive said. Go to Source
Bitcoin reserve won’t solve US debt crisis: Think tank co-founder
Avik Roy, the president of a nonprofit think tank, said Senator Cynthia Lummis’ idea that Bitcoin could eliminate federal debt is an “overselling” of what Bitcoin can do. Go to Source
‘Crypto Dad’ squashes rumors that he could replace Gensler as SEC Chair
Former CFTC Acting Chair Chris Giancarlo said he’s “already cleaned up earlier Gary Gensler mess,” shooting down speculation he’d replace the SEC Chair. Go to Source
Cantor Fitzgerald CEO Howard Lutnick vying for Treasury Secretary post
Lutnick has become increasingly visible to the crypto community due to his relationship with Tether and his appearance at Bitcoin 2024. Go to Source
Crypto’s Unseen Impact on Treasury Demand: How Tokenization Might Redefine Market Hedging
The U.S. Treasury’s report shows tokenized assets could drive significant demand for Treasuries, especially during crypto downturns. As Digital Assets Grow, Treasury Demand Finds Strength in Tokenized Safe Havens The U.S. Treasury Department released its Q4 2024 Treasury Borrowing Advisory Committee (TBAC) Quarterly Report on Wednesday, examining how digital assets, including bitcoin and tokenization, are … Read more
Unexpected Moment: Treasury Sign Falls as Yellen Confronts US Dollar Reserve Currency Concerns
The Treasury Department sign fell sharply as Treasury Secretary Janet Yellen faced a tough question about the U.S. dollar’s reserve currency status being at risk. Treasury Sign Drops — Yellen Steadies Herself and Defends US Dollar’s Reserve Currency Status U.S. Treasury Secretary Janet Yellen discussed key elements of the U.S. economic strategy last week at … Read more
Warren Buffett’s Berkshire Hathaway crosses $1T — nears entire Bitcoin market
Buffett’s profits this year is almost the same as what an average Bitcoin trader has generated in 2024. Go to Source
US mulls applying fiat reporting mandate on crypto transfers
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. Go to Source
