Singapore-based institutional digital payment solution provider FOMO Pay has become the latest fintech firm to integrate Ripple’s liquidity solution called on-demand liquidity (ODL). FOMO Pay would us...
Tag: Treasury
Treasury Investigating Kraken for Flouting U.S. Sanctions: NYT
Key Takeaways The Treasury Department is investigating Kraken for breaking U.S. sanctions, The New York Times has reported. The exchange allowed users in Iran and other banned countries to trade on it...
Stablecoin Bill Delayed to September After Treasury Raises Concerns
The House Financial Services Committee has pushed back its long-awaited stablecoin bill to September following objections from Treasury Secretary Janet Yellen. This will delay congressional discussion...
Ripple Partners Singapore Payment Giant “FOMO Pay” To Enable Cross-Border Treasury Payments
– Advertisement – Ripple continues to see global adoption. In a press release today, Ripple reveals that it has formed a partnership with Singapore payment giant FOMO pay to enable insta...
EU, US swap policy intel on European crypto regulation, stablecoins
The EU and the US swapped crypto policy insights on stablecoins and other issues during a joint financial forum in Brussels last week. Representatives from the two governments met as part of an EU–US ...
House lawmakers prep bipartisan stablecoin bill to unveil next week
Members of the House of Representatives are working to get a stablecoin bill together for a markup meeting next Wednesday. Democrats of the House Financial Services Committee are holding a member cal...
New UK Treasury Minister Proposes New Regulations for Stablecoins
U.K. Chancellor of the Exchequer Nadhim Zahawi laid out plans in the Financial Services and Markets bill to regulate stablecoins. The bill, presented at Parliament on July 20, 2022, gives the Bank of ...
UK Treasury unveils plan to regulate stablecoins in Financial Services and Markets bill
The UK unveiled its Financial Services and Markets bill in Parliament on Wednesday – a set of legislation that includes guidelines on the safe adoption of cryptoassets. Nadhim Zahawi, who stepped int...
UK Treasury Doubles Down on Stablecoin Regulations in New Bill
The United Kingdom is striving for regulating stablecoins on its shores as Nadhim Zahawi, the new Chancellor of the Exchequer, is looking to establish his foothold as the new sheriff in town. Zahawi ...
Aave DAO carries out $1 million treasury swap with Balancer
The Aave community has carried out a $1 million token swap with fellow decentralized finance (DeFi) protocol Balancer, following on from a successful on-chain vote concluded on July 19. Tuesday’s vote...
Bitgo Adds Near Protocol Support — Custodian to Store Near Foundation’s Treasury – Altcoins Bitcoin News
On July 19, the digital asset company Bitgo announced it has partnered with the Near Foundation and will be “the first qualified custodian to support the protocol and its assets, including its native ...
U.S. Treasury Secretary on supply chain resilience: Use friend-shoring
U.S. Treasury Secretary Janet Yellen (pictured here at a news conference, ahead of the G-20 meeting in Bali on July 14), said supply chain resilience is a key focus of the Biden-Harris administration....
UK Treasury Officials Met with Crypto and Venture Capital Firms in Q1: Sources
UK Treasury officials engaged with crypto stakeholders for several meetings. UK Treasury disclosed a number of meetings between top officials and crypto firms during the first quarter this year. Accor...
Treasury Market’s Main Battleground Has Shifted Into Next Year
(Bloomberg) — The principal fault lines in the US bond market have re-located. An emerging consensus that the Federal Reserve will finish raising interest rates this year has investors grappling...
UK Treasury disclosures for first quarter reveal meetings with top crypto execs
UK Treasury disclosures for the first quarter of 2022 reveal a number of meetings between top officials and crypto companies. The HMT Ministers’ Meetings log, published on the UK government web...
Circle Publishes Inuagural USDC Reserve Treasury Report for June
Co-Founder and CEO of Circle, Jeremy Allaire has announced the release of the company’s first monthly USDC reserve report for the month of June. Highlighting on Twitter, he affirmed the move as part o...
Circle discloses $55.7 billion worth of cash, Treasury reserves
Circle issued its first monthly report closely detailing reserves for its US-dollar backed stablecoin, showing $55.7 billion in cash and three-month US Treasury securities at the end of June. The fin...
UK Treasury Seeks Public’s View On Crypto Risks & Opportunities ⋆ ZyCrypto
Advertisement     Crypto adoption is growing at a rapid rate, and the UK does not wish to be perceived as backward with regard to keeping up with global regulatory tre...
Latest Inflation Surprise Sends Treasury Curve And U.S. Dollar To Record Levels
UNITED STATES – JULY 6: Gas prices are displayed on a sign at a gas station in Williams, Ariz., on … [+] Wednesday, July 6, 2022. (Bill Clark/CQ-Roll Call, Inc via Getty Images) CQ-Roll Ca...
UK Treasury Committee opens inquiry into crypto industry
The Treasury Committee of the United Kingdom’s House of Commons has called on the public to submit evidence related to the role of crypto’s risks and opportunities. In a Tuesday notice, the committee ...
US Treasury says CBDCs can boost commercial bank stability
The US Treasury has said that launching a central bank digital currency (CBDC) can boost the banking sector’s stability. The data was shared as part of a research paper released on Tuesday by the inst...
US Treasury Invites Public Opinions on Digital Assets Framework
The US Department of the Treasury invited public opinions on Tuesday on the potential risks and benefits of cryptocurrencies based on President Joe Biden’s executive order in March. The Treasury state...
US Treasury Asks for Public Input on Crypto Benefits and Risks
The United States Treasury has published a statement saying that it wants comments on the benefits and risks of cryptocurrencies. The commentary period will run until Aug. 8. The United States Treasur...
US Treasury study finds CBDCs a plus for commercial bank stability
The introduction of a central bank digital currency (CBDC) may increase the stability of a banking system, according to a paper released Tuesday by the United States Treasury Office of Financial Resea...
US Treasury calls for public comment on digital asset policy, following Biden’s executive order
The United State Department of the Treasury has requested comments from the public on the potential opportunities and risks of digital assets in compliance with President Joe Biden’s executive order f...
Wall Street Sounds Alarm on 20-Year Treasury Bond Dislocation
(Bloomberg) — Mark Cabana knows he sounds like a broken record by now. Most Read from Bloomberg Yet the head of US interest-rates strategy at Bank of America Corp. makes no apologies for repeate...
Yam Finance thwarts governance attack aimed at hijacking its treasury
Yam Finance, a decentralized finance (DeFi) protocol, prevented a malicious governance attack designed to cede control of its reserves to an unknown third party, the project said on Saturday. Accordin...
G20 Treasury Officials To Present 1st Global Crypto Regulations In October
The G20 has thus far restricted itself to merely keeping an eye on the cryptocurrency market, noting that it has found no compelling reason to strictly clamp down on the industry because it poses no “...
Yam Finance Foils Governance Attack Seeking to Control $3 Million Treasury
Yam Finance noticed and stopped a governance attack that would have seen the platform lose control of its treasury if successful. Decentralized finance (DeFi) protocol Yam Finance successfully stopped...
Biden Receives Crypto Regulation Framework from Treasury
The United States Treasury Department has delivered a crypto framework to President Joe Biden as instructed in the Executive Order (EO) issued back in March. The Treasury Department said the framewor...
U.S. Treasury Wants Your Comments on Biden’s Crypto Order
On Tuesday, the U.S. Department of the Treasury announced an open invitation for comments on President Joe Biden’s Executive Order on digital assets. Aiming to leverage the wisdom of the crowd, ...