Fears of a recession and a 1970s-style stagflation economy continue to grip Wall Street and investors this week, as multiple reports show that recession signals have intensified. With oil and commodit...
Tag: Treasury
US Treasury Monitoring Crypto Use to Evade Sanctions, Says Treasury Secretary Yellen – Regulation Bitcoin News
U.S. Treasury Secretary Janet Yellen says the Treasury Department is monitoring Russian efforts to evade sanctions using cryptocurrency. Four U.S. senators have written to Yellen raising concerns abou...
Yellen Says Treasury Will Monitor Crypto, Other Channels for Sanctions Evasion
In brief Several Senate Democrats asked Treasury Secretary Janet Yellen how the department would make sure crypto couldn’t be used to bypass sanctions against Russia. Yellen said the Treasury De...
Democratic senators ask Treasury to report on work on crypto sanctions
advertisement Four members of the Senate Banking Committee are asking what the Treasury Department is doing about crypto in the context of sanctions policy. In a March 2 letter to Treasury Secretary ...
The U.S. Treasury declared comprehensive sanctions against Russia
The US took substantial and unprecedented action in response to Russia’s continued invasion of Ukraine. The US imposed severe economic costs on Russia economy and financial system. Those sanctions wil...
How To Protect Your Wealth, Grab 7%+ Dividends, In This Pullback
Money Protecting concept. Saving symbol – Close-up Of A Human Hand Protecting Pink Piggy Bank getty With the swift stock-market decline we’ve seen since the start of 2022, and now, you can be fo...
Treasury Department Warns Against Circumventing Russia Sanctions, Targets Digital Currencies and Physical Assets
The U.S. Treasury Department is calling out digital assets as it prepares to enforce new sanctions against Russia. The Office of Foreign Assets Control (OFAC) is detailing a series of measures designe...
US Treasury Set to Crack Down on Crypto Transactions With Russian Entities
The U.S. Treasury’s Office of Foreign Assets Control is set to issue new rules cracking down on transactions, including those made with cryptocurrency, with prohibited Russian entities. The rules, dub...
US Treasury Adds More Teeth On Russian Sanctions – Will It Scare Putin And His Central Bank?
The United States is making sure that Russian sanctions remain tightly in place and prevent Russia from taking any refuge from cryptocurrencies and use these to advance its goals. According to people ...
Treasury Revives Russian Sanctions Referencing Crypto
Key Takeaways The U.S. Treasury has published a document suggesting that sanctions against Russia from last year will be expanded upon. Those sanctions originated in an executive order from April 2021...
US Treasury Department Targets NFTs for Potential Money Laundering
Apprehensions against Non Fungible Tokens were always high. When we think about it, to those who are outsiders to crypto-space, the concept of high-value for crypto arts that look nothing more like pi...
Valkyrie Investments Offers Treasury Management Service to Blockchain Projects
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
New Coin by Sifu launched by ousted treasury manager
Sifu launches new token named after ousted DeFi manager at Wonderland The manager deployed eponymous $Sifu token into a Uniswap V3 pool paired with ETH Users are continuously exchanging ETH for $Sifu...
White House and Treasury Department Divided Over Crypto Ahead of Biden’s Executive Order: Report
The White House and the Treasury Department are reportedly split on the scope of an executive order focusing on digital assets. According to a new Bloomberg report, the draft of the executive order di...
Ousted Wonderland Treasury Manager Sifu Launches New Token, Names it After Himself
Sifu, the ousted treasury manager of DeFi protocol Wonderland, has launched a new token and named it after himself. On Feb 18, Sifu deployed around one million of the eponymous $Sifu token into a Unis...
Scorned Treasury Bonds Could Be Good Bet After Fed Boosts Rates
Rarely has there been such unanimity of opinion among both Federal Reserve officials and the cadre of analysts who track and try to predict their future moves. Monetary policy will be tightened with a...
KPMG in Canada Makes First Direct Crypto Investment — Adds Bitcoin, Ether to Corporate Treasury – Coinotizia
KPMG in Canada has added bitcoin and ether to its corporate treasury in what the company called a “first-of-its-kind investment.” KPMG said: “This investment reflects our belief that institutional ado...
A Former Bitcoin Fundraiser For Canada’s ‘Freedom Convoy’ Protest
As originally reported in the Toronto Star last Monday, February 7, Greg Foss, a Canadian and former hedge fund manager, was identified as one of five ‘multi-signature’ key holders of the Bitcoin rais...
US Treasury Warns NFTs May Present New Illicit Finance Risks – Coinotizia
The U.S. treasury department has warned that non-fungible tokens (NFTs) may present new illicit finance risks. According to industry estimates, the NFT market could reach $35 billion in 2022 and more ...
DTCC Launches Treasury Kinetics Service to Enhance Transparency for Repo Trade Data
The Depository Trust & Clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the rec...
Treasury official touts the ‘flexibility’ of bank charters for stablecoin issuers during Senate hearing
In its push for greater stablecoin oversight, the US Treasury Department is trying to soften its central proposed regime. This was particularly apparent in a hearing before the Senate Banking Committe...
Build Finance DAO hostile takeover, treasury drained
In what seemed to be a hostile takeover of the governance of the Build Finance DAO, the attacker was able to drain the funds of the DAO. But calling this incident an attack is a matter of definition; ...
US Treasury exempts crypto miners from IRS reporting rules
Last year, US legislatures were torn between supporting and rejecting the Infrastructure Bill due to its lack of clarity. However, the recent announcement by the US Treasury is a major win for the cry...
Miners Stakers are Not Brokers, Says Treasury Department
The meaning of representative is set to prohibit diggers and stakers The Treasury sent a letter to Senators on Friday to refresh Senators on the advancement of revising the expression representative S...
Treasury Confirms Miners Exempt From IRS Reporting Rules
Key Takeaways Blockchain miners and validators will not be considered “brokers” for crypto tax reporting, the Treasury has confirmed. The Treasury stated that it will exempt “ancilla...
How Treasury Inflation-Protected Securities can help your retirement savings weather 7.5% inflation
That’s not good news for retirement savers. And some might consider the stock market to be a bit frothy these days. So, it might make sense to invest a portion of your retirement nest egg conservative...
Report: Woes under the Infrastructure Bill to be answered by the Treasury
The U.S Treasury Department might exclude crypto miners and stakers from a crucial rule going forward, reported Bloomberg. It has to do with the rule where brokers of virtual assets are required to pr...
Miners & Stakers are Not Brokers, Says Treasury Department
Miners and stakers in the U.S. would have breathed a collective sigh of relief as the U.S. Treasury exempts them from reporting transaction information to the Internal Revenue Service. The U.S. Treasu...
US Treasury reiterates that the IRS won’t consider crypto miners, stakers or coders to be brokers
In a February 11 letter seen by The Block, the Treasury reassured six concerned senators that it did not plan to treat crypto miners, stakers and wallet providers as brokers for tax purposes. “E...
Federal Government Runs Its First Monthly Budget Surplus Since 2019
Topline The federal government’s revenue surpassed expenses by $119 billion last month, marking its first monthly surplus since before the Covid-19 pandemic began, the Treasury said Thursday—amid an i...
‘Market Anxiety’ Returns After Latest Inflation Surge, 10-Year Treasury Jumps Above 2%
Topline The stock market fell in volatile trading on Thursday after a worse than expected inflation reading—with consumer prices spiking 7.5% in January—raised investor concerns that the Federal Reser...