U.S. Secretary of the Treasury Janet Yellen still feels a bit skeptical about crypto, but she acknowledges that the digital asset space offers value. In a new interview with CNBC, Yellen says that cry...
Tag: Treasury
US Treasury Secretary still skeptic about cryptocurrencies
Janet Yellen, the US Secretary of State, has expressed her criticism once more about the cryptocurrency sector. Yellen, and the Federal Reserve Chair, Jerome Powell, have remained skeptical of the cry...
Crypto Has Its Benefits, Grown By Leaps And Bounds: Highlights U.S. Treasury Secretary
The U.S. Secretary of Treasury, Janet Yellen, has recently expressed her optimism about cryptocurrencies. Crypto has obviously grown by leaps and bounds and is now playing a considerable role, not re...
Top Ethereum Gaming Altcoin Erupts After $1,700,000,000 Treasury Plans Are Unveiled
A popular play-to-earn metaverse altcoin built on Ethereum is seeing significant gains after project developers revealed plans for community governance. In a new blog post, Axie Infinity (AXS) highlig...
U.S. Treasury market plagued with illiquidity as government bonds suffer worst week in years
Signs of trouble continue to show up in the world’s largest, most liquid government-securities market as government bonds logged their worst week in years and the U.S. central bank’s interest rate hik...
US Treasury Secretary Expresses ‘Skepticism’ on Crypto Financial Stability Impact
Janet Yellen – Secretary of the US Treasury and former Fed Chair – recently discussed cryptocurrency’s benefits, risks, and relationship with Russia on CNBC’s Squawk Box. While she recognized the indu...
US Treasury Secretary Janet Yellen says upcoming crypto regulations will nourish healthy innovation
The US Treasury Secretary Janet Yellen joined CNBC’s Squawk Box this morning and talked to Andrew Sorkin about Bitcoin. Secretary Yellen talked about the overall US economy and mentioned she had her h...
Treasury Secretary Yellen says Russian oligarch Abramovich ‘could face sanctions’ by U.S.
Chelsea owner Roman Abramovich looks on after their 3-1 win in the Barclays Premier League match between Chelsea and Sunderland at Stamford Bridge on December 19, 2015 in London, England. Clive Mason ...
Spanish Treasury Admits That Cryptocurrency Holdings Don’t Need to Be Declared Under Model 720 – Taxes Bitcoin News
Spain’s Ministry of Treasury has admitted that Spanish citizens are not forced by law to declare their cryptocurrency holdings under the disputed Model 720, which involves declaring funds held abroad....
U.S. Treasury Yields Surge to the Highest Levels Since 2019
(Bloomberg) — Most Read from Bloomberg Treasuries slumped, sending the two-, five- and 10-year yields to the highest levels since May 2019, as policy makers in the U.S. and Europe cranked up exp...
Fiat Is Still The King For Money Laundering, Us Treasury Department Says
US Treasury Department has stated that despite the widespread use of digital assets for money laundering, the rate is still higher with fiat currencies. The statement is contained in the Treasury Depa...
Fiat – Not Crypto – Still The Top Choice For Financial Crimes, US Treasury Says
Fiat, a government-issued currency, is still the best choice of financial criminals. Concerns have always centered on the possibility of crypto assets being used for nefarious reasons, however the US ...
Fiat is Still Dominant in terms of Criminal Money: Highlights US Treasury Department
Concerns have always revolved around the crypto assets being used for illicit purposes but the US Treasury department revealed something that is beyond these doubts. Decentralized Finance (DeFi) and ...
Fiat Still Used In Majority of Financial Crimes, Says U.S. Treasury Report
Despite the many concerns of crypto being an instrument for crime, a newly published report by the U.S. Treasury Department says that fiat still accounts for the majority of financial crimes. Earlier ...
Fiat is Far More Common Than Bitcoin for Money Laundering, Confirms US Treasury Department
Earlier this month, the US Treasury Department released three-yearly reports covering money laundering, terrorist financing, and proliferation financing – all of which extensively discussed virtual as...
CryptoLaw Calls out Ethereum Co-founder for Holding a “Significant Treasury of ETH”
Tobias Lewis Ethereum co-founder challenged by CryptoLaw after admitting the company holds “a significant treasury of ETH” CryptoLaw, a site dedicated to U.S. legal and regulatory developm...
Andreessen Horowitz appoints Treasury official as head of regulatory
advertisement Andreessen Horowitz appointed Michele Korver, an official at the US Treasury’s Financial Crimes Enforcement Network (FinCEN), as head of regulatory as the venture capital firm cont...
Ex US treasury official says only thing not blamed on crypto by the executive order is covid-19
Gregory Zerzan was the former acting assistant secretary to the treasury, and he goes as far as to say that Biden’s recently signed executive order on crypto is actually a disaster. When the scope of ...
US Treasury Launching Cryptocurrency Awareness Program – Regulation Bitcoin News
The U.S. Department of the Treasury is launching a cryptocurrency awareness program. “We’re just trying to raise awareness without trying to stamp out new technology and new innovation,” said an offic...
Demand for UST Keeps Rising, Luna Foundation Guard to Burn 4.2 Million LUNA From Treasury – Bitcoin News
The Luna Foundation Guard (LFG), a nonprofit organization, has announced new measures to keep the supply of UST, the flagship stablecoin of the Terra ecosystem, liquid in secondary markets. The protoc...
White House reiterates that the Treasury is on the lookout for crypto in Russian sanctions evasion
advertisement In a March 11 fact sheet on sanctions on Russia, the White House is once again spotlighting crypto as an area of concern. The fact sheet spotlights coming “New guidance by the Depa...
US Treasury launches educational cryptocurrency initiative that focuses on risks involved
The US Treasury department is launching an initiative that seeks to educate and inform individuals about cryptocurrencies, focusing on the risks involved when making investments into digital currencie...
U.S. Treasury Steps Up Initiative On Crypto Education
The U.S. Treasury Department is set to educate people on the risks of investing in cryptocurrencies as the crypto market gradually makes its way into the mainstream. The department, through the Financ...
Leaked Yellen Statement Says Treasury Supports Crypto Innovation – Trustnodes
A leaked statement by the US Treasury Secretary, Janet Yellen, gives a preview of an “historic executive order” by president Joe Biden that is expected to be published today. The executive order “call...
Treasury to launch financial education initiative around crypto investments
The United States Treasury Department is launching a new initiative to raise awareness of the risks involved in investing in digital assets. The move comes as the asset class transitions from a niche ...
US Treasury Secretary Yellen Applauds Biden’s Crypto Executive Order
United States Treasury Secretary Janet Yellen, in a statement, commended President Biden’s executive order relating to the crypto market. In a statement now archived, she said that the agency would wo...
Treasury Will Assess Crypto Risks under Biden’s Executive Order: Janet Yellen
The US Treasury Secretary Janet Yellen released a statement on late Tuesday, which was later archived by her department, laying out the plans of how her department would implement the upcoming executi...
US Treasury, Other Departments Will Publish Report on Money Under Biden Crypto Executive Order
“Under the executive order, Treasury will partner with interagency colleagues to produce a report on the future of money and payment systems,” Yellen said. “… because the quest...
Treasury Department Seeks to Educate the Public on Risks of Crypto Investing
Key Takeaways The U.S. Treasury wants to increase awareness and educate American households about the risks of investing in cryptocurrency. The initiative is being led by the Treasury’s Financial Lite...
TradeStation Adds US 20-Year Treasury Bond Futures
TradeStation announced it has added US 20-year treasury bond futures from CME in its trading platform. According to CME that recently launched the product, ‘the 20-Year futures contract will phy...
Opinion: The Fed needs to target a floor for the 10-year Treasury, in addition to radically raising the fed funds rate
Federal Reserve Chairman Jerome Powell faces the toughest task since Chairman Paul Volcker tamed the Great Inflation of the 1970s and early 1980s. And a lot of the pressures driving the most virulent ...