Former US Treasury Secretary Larry Summers thinks the recent meltdown of crypto derivatives exchange FTX is a lot like the Enron scandal. In a new interview with Bloomberg, the famous American economi...
Tag: Treasury
Tether Up On US Treasury Bills, Reduces Commercial Paper Holding
Advertisement     The accounting firm BDO Italia has performed a quarterly assurance on the Consolidated Reserves of Tether Holdings Limited and its wholly-owned subsi...
UK Treasury Committee to probe Binance’s role in FTX collapse
Lawmakers in the U.K. have asked Binance to submit internal discussions and documents relating to its attempted purchase of FTX and the sale of the bankrupt exchange token FTT, Bloomberg News reported...
US Treasury Secretary and Indian Finance Minister Discuss Crypto Regulation – Regulation Bitcoin News
U.S. Treasury Secretary Janet Yellen and Indian Finance Minister Nirmala Sitharaman discussed crypto regulation during the ninth India-U.S. Economic and Financial Partnership meeting. They stressed th...
Former US Treasury Secretary Larry Summers Compares FTX Collapse to Enron Fraud – Regulation Bitcoin News
Former U.S. Treasury Secretary Lawrence Summers has compared crypto exchange FTX to Enron, noting that the case is a classic fraud rather than the complexities of cryptocurrency regulation. He said th...
The $24 Trillion Treasury World Suddenly Looks Less Dangerous
(Bloomberg) — The historic bond selloff has wreaked havoc across global markets all year, while fueling a crisis of confidence in everything from the 60-40 portfolio complex to the world of Big ...
U.S. Treasury says currency-market intervention should be reserved for ‘very exceptional circumstances’ in response to Japan’s September move
The U.S. Treasury Department on Thursday said it expects currency-market interventions, like Japan’s in September, should be reserved for exceptional circumstances, as it kept Tokyo on a list of partn...
Tornado Cash Yet Again Sanctioned by U.S Treasury
12 hours ago | 2 mins read Blockchain News Tornado Cash developers, founders, DAO members, and users are not subject to sanctions. Public opinion is divided on the sanctions imposed on the project. T...
U.S. Treasury Department Connects Lazarus Group and Tornado Cash to North Korean Nuclear Weapons Programs
The U.S Treasury Department is redesignating the sanction it imposed against crypto mixing service Tornado Cash earlier this year due to the protocol allegedly having ties to North Korea’s nuclear wea...
Tornado Cash Sanction By U.S. Treasury Has Another Twist
Troubled cryptocurrency mixer, Tornado Cash problems keeps going from bad to worse. The U.S Treasury now has amended sanctions highlighting its role in North Korea’s nuclear weapons program. The Unit...
US Treasury redesignates Tornado Cash sanctions, citing North Korea nuclear weapons program
The United States Treasury Department’s Office of Foreign Asset Control, or OFAC, has amended the sanctions on cryptocurrency mixer Tornado Cash in addition to including two individuals involved in “t...
U.S. Treasury Sanctions Tornado Cash (Again)
Key Takeaways The U.S. Treasury and its OFAC department have redesignated the sanctioned coin mixer Tornado Cash. The Treasury related the new sanctions to its broader efforts to defund North Korea...
New Treasury sanctions link Tornado Cash to North Korea’s nuclear weapons program
Despite industry pushback, the U.S. Treasury is not giving an inch in the fight over its sanctions on Tornado Cash. The Treasury’s Office of Foreign Asset Control has in fact added a desi...
US Treasury Adds to Tornado Cash Sanctions With North Korea WMD Allegations
In a statement, Treasury Undersecretary for Terrorism and Financial Intelligence Brian Nelson said, “today’s sanctions action targets two key nodes of the DPRK’s weapons programs: its increasing...
FTX treasury lost over $3B in a week, while Binance treasury is up $2B
FTX treasury has lost over $3 billion since the start of November, largely thanks to the implosion of its native token FTT and Solana (SOL) over the period. Source: Arkham Intelligence According to Cr...
2-year Treasury yield pulls back from 15-year high after October jobs data
U.S. Treasury yields saw a mixed finish Friday, with the yield on the 2-year note rising edging down a day after ending at a more-than-150-year high as investors assessed a stronger-than-expected Octo...
Fed warns of ‘low’ market liquidity in $24 trillion Treasury market, in latest financial stability report
The Federal Reserve on Friday confirmed what many investors were saying for some time: the $24 trillion Treasury market has been experiencing low levels of market liquidity in recent months. The centr...
From The BPI To Treasury: Bitcoin Is A Strategic Asset for National Security
The BPI took on the U.S. Department of Treasury’s challenge. Treasury requested public comment on digital assets’ national security implications, and the Bitcoin Policy Institute answered with a bomb ...
BitDAO voting on proposal to earn yield from part of its $2.1 billion treasury
The BitDAO community is currently voting on a governance proposal that would seek to generate a yield from a portion of the organization’s $2.1 billion treasury. The goal of the proposal is to c...
SKYWARD Token Dumps 95% as Hackers Drain Protocol’s Treasury
SKYWARD, the native token of NEAR-based platform Skyward Finance, plunged by 95% after the protocol’s treasury lost $3 million in a smart contract exploit. The attack occurred in the late hours of Wed...
Coinbase Says American Crypto Industry Depends on U.S. Treasury To Act on Regulation
The biggest crypto exchange in the US is weighing in on the national security risks of digital assets after the Department of the Treasury requested feedback from the American people on the issue. Pau...
S&P 500: 9 Giant Stocks Now Pay Out More Than Treasury I Bonds
Treasury I bonds used to be the best place going to get a big yield. But now they’re getting a run for their money. X Tuesday, the Treasury slashed the sky-high yield on Treasury I bonds, also c...
Treasury Considering Bonds Buybacks – Trustnodes
The Fed is selling and the Treasury might be buying their own debt, that’s the new financial system of all tricks and very few treats. The Federal Reserve Banks have been divesting $95 billion worth o...
Aera joins Polygon to connect DeFi with DAO Treasury Management
Aera, which happens to be a reward-oriented management program in the case of decentralized autonomous organizations (DAO), is duly connecting with Polygon. This occurrence is taking place with the ai...
Treasury Department sold record $1 billion of Series I bonds on Oct. 28
The U.S. Treasury Department in Washington. Al Drago/Bloomberg via Getty Images I bonds broke daily, weekly and monthly sales records The Treasury sold $979 million of I bonds before the deadline on F...
The Global Treasury Market Is Under Pressure As Fed Raises Rates
The Fed’s next crisis is already brewing. Unlike 2008, where “subprime mortgages” froze counter-party trading in the credit markets as Lehman Brothers failed, in 2022, it might just be the $27 Trillio...
Weekly MacroSlate: Have U.S. treasury yields and the DXY topped for this cycle? Big miss for big tech as Bitcoin holds steady at $20k
Macro Overview Further pressure on BOJ and the Yen In previous MacroSlate reports, Japan has been at the front and center of discussion and controversy regarding its fiscal and monetary policy. On Oct...
US Lawmakers Probe SEC, Treasury, Federal Reserve Over Revolving Door With Crypto Industry – Regulation Bitcoin News
U.S. lawmakers have raised concerns about the revolving door between financial regulators and the crypto industry. “Over 200 government officials have moved between public service and crypto firms,” t...
250 years of history is telling investors to bet on Treasury bonds in 2023, Bank of America says
Benchmark U.S. Treasury bonds are facing their worst annual returns since 1788, but a big bounce is likely in the new year, along with a stock rout. That’s according to a team of strategists at Bank o...
10-Year Treasury Yield vs. 10-Year Bond Yield
| Getty Images Key Takeaways Treasury Notes were recently yielding 4.2%, up from 1.5% earlier this year. Corporate bonds now yield 5.1%, up from just under 3% at the beginning of the year. Investors n...
U.S. Treasury sweetens the pot on I-bonds by adding a fixed rate
After record-breaking sales of I-bonds in October, the U.S. Treasury is dangling another good deal in front of savers for the next six months. Starting Nov. 2, when I-bonds will be available again af...