Military conflict and geopolitical upheaval may have an impact on bitcoin’s performance in the cryptocurrency market. This is the opinion of Alejandro Zelaya, El Salvador’s Minister of the...
Tag: Treasury
El Salvador Treasury Minister States Ukraine-Russia Conflict Disrupted Bitcoin Prices, Volcano Bonds Still on Hold – Bitcoin News
Alejandro Zelaya, Treasury minister of El Salvador, explained that the conflict happening currently between Ukraine and Russia has influenced the price of bitcoin on international markets, disrupting ...
UK Treasury Strengthens Regulations Around Stablecoins Following UST Collapse
In response to the recent collapse of controversial crypto project Terra, Britain is looking into ways to ensure stablecoins don’t threaten their wider financial system. Her Majesty’s Treasury printed...
Treasury Secretary Yellen Says She Was Wrong About Inflation
Treasury Secretary Janet Yellen said Tuesday her inflation projections were wrong in statements she made last year as consumer prices began a surge to their highest level in decades. “I think I was wr...
Treasury Consults on Bank of England Supervising Stablecoins – Trustnodes
The British government has joined a debate on stablecoins with a fairly holistic framework that is now open to public consultation. “The government anticipates broadening the definition of a payment s...
UK Treasury Creates New Proposal to Limit Effects of Stablecoin Collapses
Following the fallout of the crash of the algorithmic stablecoin Terra this month, the U.K. Treasury tables a new insolvency regime designed to protect consumers’ assets. The now infamous crash of the...
UK Treasury sets out to bolster stablecoin protections following Terra crash
The UK’s Treasury on Tuesday published an initial consultation on managing “systemic failure” in digital assets, proposing bolstered protections related to stablecoins. It recommend...
Cardano’s Decentralized Treasury Now Holds 927 Million ADA Worth $500M
– Advertisement – The value of Cardano’s Treasury nears $500 million in ADA amid crypto’s price hike. The massive surge in the price of Cardano in the last 24 hours also contributed to t...
Here’s what to know about Treasury I bonds
Shaken by the double blow of high inflation and the sliding stock market, investors perked up when earlier this month the Treasury Department announced that the inflation-protected I bonds will earn a...
US Treasury Official Says Collapse Of Terra And UST Shows How Badly Crypto Needs Regulation
– Advertisement – Crypto Needs Regulations. A US Treasury official is worried that the crypto industry is growing too fast and becoming too dangerous without proper regulation. This is i...
DAOs are Staking Their Idle Treasury Funds For Extra Income Streams
DAOs and the future: As businesses increasingly move away from centralized and profit-above-all models, DAOs will take their place. As DAOs grow, so too will their treasuries, says Simon Furlong, Co-F...
UK Treasury Plans To Go Ahead With Legalizing Stablecoins Despite TerraUSD Debacle ⋆ ZyCrypto
Advertisement     In April, the UK had revealed plans to become a crypto hub and legalize stablecoin payments. Following last week’s events, many had thought that Her ...
US Treasury warns crypto industry to get suspicious wallets
In a speech to an audience of compliance wonks at the Chainalysis LINKS on Thursday, US Treasury has warned the crypto industry of the growing concerns over crypto. He urged crypto service providers t...
Centrifuge (CFG) and BlockTower Announce $3 Million Treasury Sale to Accelerate the Financing of On-Chain Real-World Assets – crypto.news
Centrifuge has announced a strategic partnership with BlockTower. The partnership will enable Centrifuge to access institutional capital to accelerate the financing of real-world assets on the blockch...
Centrifuge partners with BlockTower and announces second $3M treasury sale
Centrifuge, a DeFi protocol for financing real-world assets, has announced a strategic partnership with BlockTower, a crypto and blockchain investment firm, and announced a $3 million treasury sale to...
UK Treasury reaffirms commitment to regulate stablecoins following TerraLUNA fiasco
UK’s exchequer has just affirmed its vow to regulate stablecoins to create a healthy environment for stablecoin issuers and service providers, given the recent TerraUSD (UST) and Terra (LUNA) market c...
Elliptic’s Report Reveals Details About Terra’s BTC Treasury
Elliptic, a well-known blockchain analytics and intelligence firm, released a report explaining the situation regarding Luna Foundation. The report highlighted how LFG’s Bitcoin stash was bought to c...
U.K. Treasury Confirms Stablecoin Legislation Part of Upcoming Bill
Key Takeaways Her Majesty’s Treasury has confirmed plans to regulate stablecoins as a form of payment in the U.K. The legislation will be part of a new Financial Services and Markets Bill designed to ...
UK Treasury en route to legalizing stablecoins amid Terra’s UST crash
United Kingdom’s Department of Treasury, or Her Majesty’s Treasury, has reportedly decided to go ahead with regulating stablecoins as legal tender. While welcomed by the crypto community, the de...
U.K. Treasury to Push Forward With Stablecoin Regulation
Her Majesty’s Treasury (Exchequer) will push forward with a plan to regulate stablecoins based on financial regulation outlined in the Queen’s speech on May 10, 2022. The U.K. Treasury announced that ...
VeChain Treasury Held $1.2B in Crypto, Q1 Report States
The VeChain Foundation has published its Q1 report, stating that its treasury amassed $1.2 billion in cryptocurrencies by the end of the quarter, a slight drop from $1.38 billion as recorded in Q4 202...
Treasury Secretary Janet Yellen to Discuss Stablecoin Today Amid TerraUSD (UST) Crash
– Advertisement – Janet Yellen, the United States Treasury Secretary, is scheduled to testify later today before the U.S. House Committee on Financial Services. According to people famili...
Treasury Secretary Yellen Says Stablecoins Pose Financial Stability Risks, Cites Collapse of TerraUSD (UST)
U.S. Secretary of the Treasury Janet Yellen is calling for legislation that will regulate stablecoins to eradicate the risks she believes they pose to financial stability. While testifying before the ...
VeChain Foundation reports $1.2B crypto treasury but spent just $4M in Q1
The VeChain Foundation has released its financial report for Q1 2022, showing that the project amassed an impressive $1.2 billion war chest but only spent about $4.1 million in the quarter. VeChain is...
US Treasury Secretary Yellen points to UST slip, asks for new stablecoin legislation by the end of 2022
Treasury Secretary Janet Yellen is still calling for stablecoin legislation by the end of the year. In response to questioning on stablecoins from Senator Pat Toomey (R-PA) at a May 10 hearing, Yellen...
Hoskinson says Cardano has decentralized treasury valued at $723M in ADA, pokes fun at Terra
Cardano founder Charles Hoskinson said that ADA’s $723 million treasury is decentralized. Hoskinson, who is also an Ethereum co-founder, said this in response to a tweet made by dcSpark founder Sebast...
US Treasury Secretary reaffirms need for stablecoin regulation following UST crash
United States Secretary of the Treasury Janet Yellen called on U.S. lawmakers to develop a “consistent federal framework” on stablecoins to address risks to financial stability. In a Tuesday hea...
VeChain Foundation Spends Just $4M In Quarter 1 From Its $1.2B Treasury
Supply chain tracing project has a comfortable cushion in its Foundation treasury, but expenses were too low throughout its initial quarter of 2022. Financial report of VeChain for first quarter 2022 ...
U.S. Treasury Secretary Janet Yellen Calls for Stablecoin Regulation Amid UST Drama
Janet Yellen, the secretary of the United States Treasury, said on Tuesday that there is a need for stablecoin legislation, while noting that TerraUST (UST) is risky. Secretary Yellen Speaks On Stable...
Overturning Roe V. Wade Would Have ‘Very Damaging’ Economic Effects, Treasury Secretary Warns—Here’s How
Topline Restricting access to abortion “would have very damaging effects on the economy,” Treasury Secretary Janet Yellen testified to the Senate Tuesday as the Supreme Court appears poised to overtur...
Cardano Treasury of $723 Million in ADA Is Decentralized and Is Only Going to Grow: Charles Hoskinson
Yuri Molchan Charles Hoskinson has reminded the community about the Cardano Treasury, stating that it is only going to get bigger Disclaimer: The opinion expressed here is not investment advice – it i...
U.S. Treasury Sanctions Coin Mixer Allegedly Used by North Korean Hackers To Process Over $20,000,000 in Crypto
The US government is continuing to crack down on illicit crypto activity by targeting a website that it says obfuscates transaction data. In a new press release, the U.S. Department of the Treasury sa...