Republicans on the House Financial Services Committee requested the Department of Justice share its assessment of a potential central bank digital currency, the lawmakers announced on Wednesday. Senio...
Tag: Department
A Strong Dollar Spells Trouble for Some U.S. Companies
The dollar has soared as the Federal Reserve has raised rates. U.S. Treasury yields now provide the best return over expected inflation in more than a decade, incentivizing investors to buy dollars to...
An Alzheimer’s Drug’s Big Surprise: What It Means
Until this past week, there seemed to be no answers to the Alzheimer’s puzzle. The leading theory of the disease, that it was caused by a buildup of beta amyloid plaque in the brain, had been disprove...
Justice Department seeks to block withdrawal motion in Celsius case
The representative for the Department of Justice in the Celsius bankruptcy case is looking to block the firm’s attempt to reopen withdrawals for certain customers until after an independent inve...
JetBlue, American Airlines go to court in Justice Department antitrust fight
An American Airlines plane lands on a runway near a parked JetBlue plane at the Fort Lauderdale-Hollywood International Airport on July 16, 2020 in Fort Lauderdale, Florida. Joe Raedle | Getty Images ...
Christie’s launches ‘Department X’ as collectible sneakers, street-wear boom
Nike Unreleased Air Jordan VI Donda West Sneaker CHRISTIE’S IMAGES LTD. 2022 Christie’s is launching a new department to capitalize on the booming market for collectible sneakers, streetwe...
U.S. Department of Defense up to Evaluate National Threat from Crypto; Asked for Probing
A crypto intelligence company was engaged by the US Department of Defense to assess the potential security risk posed by cryptocurrency. Inca Digital has been charged by DARPA, the Defense Advanced Re...
U.S. Department of Defense taps intelligence firm to evaluate crypto threat to national security
The U.S. Department of Defense hired a crypto intelligence firm to review the potential security threat of cryptocurrencies. DARPA, the Defense Advanced Research Projects Agency, has tasked Inca Digit...
Ford Stock Is Still a Buy, Despite Supply Issues. Here’s Why.
Ford’s truck business is one heck of a business. Courtesy Ford Text size Ford Motor stock tumbled this past week after the company warned of continued parts shortages, but Wall Street doesn’t seem wor...
Congress Presses State Department for Info on Costs, Benefits of Crypto
Congress moves ahead with the Russia Cryptocurrency Transparency Act Lawmakers want to know when, why and how the State Department uses crypto to reward whistleblowers As the war in Ukraine rages on, ...
U.S. Treasury Department Asks for Public Opinion on Potential Risks of Digital Assets
The U.S. Treasury Department is asking the public for their opinions on how to handle the potential risks of crypto assets. In a newly published document, the Treasury Department is asking the general...
Department Store Nordstrom Warns Off Takeover Bids With Poison Pill
Nordstrom is attempting to ward off unsolicited interest with a poison pill strategy. Photographer: … [+] Gabby Jones/Bloomberg © 2022 Bloomberg Finance LP Department store group NordstromJWN In...
Congress demands crypto payments notification from State Department when helping Ukraine
A new bill demanding a congressional notification prior to payments of United States Department of State rewards using cryptocurrencies has surfaced as Congress raises concerns about the evasion of sa...
United States treasury department wants this on the CBDC front
A recent report published by the U.S Treasury Department has outlined the administration’s plans for financial alternatives like CBDCs and their role in future payment. The report was submitted to Pr...
Goldman Sachs: Why European Natural Gas Could Fall by 50%
Illustration by Elias Stein Text size Here’s a challenge to the conventional wisdom, courtesy of Goldman Sachs : Europe has “solved” its winter natural-gas crisis, and prices could drop by half in the...
Treasury Department Recommends More Research on U.S. CBDC To Develop Future System of Payments
The U.S. Treasury Department is recommending more research on the development of central bank digital currencies (CBDCs). In a new report, the Treasury Department says the US has an objective to creat...
The U.S. Consumer Is Running on Fumes, Say These Strategists
Text size This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s. The Poor(er) U.S. Consumers The Week in 60 Seconds...
Growing Illegal Use of Crypto Makes US Justice Department Create New Anti-Crypto Crime Network
Yuri Molchan US Justice Department intends to double its efforts protecting Americans from illegal use of cryptocurrencies The Department of Justice spread the word that it intends to try harder to fi...
White House OSTP department analyzes 18 CBDC design choices for the US
As directed by the President of the United States, Joe Biden, the Office of Science and Technology Policy (OSTP) submitted a report analyzing the design choices for 18 central bank digital currency (C...
Ferrari’s Family Car: 4 Seats, 1 Trunk—and 800 Horsepower
Illustration by Elias Stein Text size It took a while, but Ferrari has a family car, with four doors and four seats. The iconic Italian sports-car maker, famed for its black “prancing horse” logo, rec...
U.S. Treasury Department Sanctions Bitcoin (BTC) Addresses Linked to Ransomware
The U.S Treasury Department’s Office of Foreign Assets Control (OFAC) is taking action against a ransomware group targeting individuals and companies in the United States by adding associated persons ...
US Treasury Department blacklists Bitcoin addresses linked to Iran ransomware group
The U.S. Department of the Treasury has blacklisted seven Bitcoin wallet addresses linked to members of Iran’s Islamic Revolutionary Guard Corps (IRGC). The department said in a Sept. 14 press release...
U.S. Treasury Department To Allow Tornado Cash Users To Complete Transactions and Withdraw Crypto
The U.S. Treasury Department has updated its policy on Ethereum-based crypto mixing service Tornado Cash. The Office of Foreign Assets Control (OFAC) imposed the ban on August 8th arguing that the pro...
Department of Treasury Publishes Guidelines on How to Withdraw Assets From Now-Banned Tornado Cash
The U.S. Department of Treasury published guidelines on how users of the now-banned crypto mixer Tornado Cash can withdraw their assets. The Treasury blacklisted and added the Ethereum (ETH)-based s...
Crypto Crime-Focused Justice Department Leader Leaving: Report
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the futur...
US Treasury Department requiring US citizens to get a license for withdrawing assets from Tornado Cash
The U.S. Department of the Treasury wants people who had pending transactions before the Tornado Cash sanctions went into place to apply for a license to process the withdrawal of their assets. In an ...
T-Mobile Stock Market Value Has Been Rising. It’s Bigger Than Verizon.
Illustration by Elias Stein Text size There’s a new top dog in U.S. telecom. This past Tuesday, T-Mobile US nosed ahead of Verizon Communications , and AT&T in market capitalization—an exclamation...
Coinbase backs Tornado Cash users as they sue the Department of Treasury
Six users of the cryptocurrency mixer Tornado Cash have sued the U.S. Department of Treasury and other authorities. They sued the latter over the decision to sanction Tornado Cash as of August 2022. T...
U.S. Treasury Department Sued by Crypto Investors With Support From Industry Giant Coinbase
A group of Tornado Cash users is suing the U.S. Treasury Department over the decision to add the crypto mixer to the Specifically Designated Nationals and Blocked Persons (SDN) list. In a complaint fi...
Tornado Cash Users Effected By Sanctions Sue The U.S. Treasury Department
The U.S. Treasury Department’s move to blindly put a ban on Tornado Cash consequently brought a lawsuit against Treasury Secretary Jannet Yellen and other officials of its departments. The six affecte...
Coinbase to Finance User’s Lawsuit Against Treasury Department for Tornado Cash Sanctions
Coinbase is supporting a lawsuit against sanctioning an Ethereum-based crypto mixer, Tornado Cash. The exchange is financing the lawsuit against the U.S. Treasury Department that currently features si...