US Treasury

Treasury Department Drops Case Over Ethereum Mixer Tornado Cash

The U.S. Treasury Department and Washington, D.C.-based advocacy group Coin Center have agreed to end an appeal centered on the Ethereum…

8 months ago

U.S. Policy Proposal Calls on Treasury to Issue $2T in Bitcoin-Enhanced Bonds to Offset Debt, Fund Strategic Reserve

According to a policy framework published by the Bitcoin Policy Institute, the US Treasury could potentially allocate $200 billion to…

11 months ago

U.S. Treasury Met With Three Crypto Firms to Decide Custody of Bitcoin Reserve

The U.S. Treasury Department held meetings this week with top executives from three crypto custody firms to discuss safeguarding the…

12 months ago

Elon Musk Supports Putting US Treasury Transactions on Blockchain

Elon Musk, the head of the US Department of Government Efficiency, shared his take on putting US Treasury transactions on…

1 year ago

Ondo Finance’s $185M Tokenized U.S. Treasury Offering Joins The XRP Ledger

Ondo Finance, a tokenized real-world asset platform, is bringing its $185 million U.S. Treasury token to the enterprise-focused XRP Ledger network…

1 year ago

Texas District Court Rules Against Treasury’s Sanctions on Tornado Cash

A federal court in Texas ruled Tuesday that the U.S. Treasury overstepped its authority by sanctioning decentralized crypto mixer Tornado…

1 year ago

Trump Picks Pro-Crypto Hedge Fund Manager Scott Bessent for Treasury Secretary

U.S. President-elect Donald Trump named hedge fund manager Scott Bessent, a cryptocy enthusiast, as his pick for Treasury Secretary. If the…

1 year ago

U.S. Treasury Utilizes AI to Recover $4 Billion in Fraud

The U.S. Department of the Treasury announced it recovered over $4 billion in fraud and improper payments in the 2024…

1 year ago

US Treasury and IRS Finalize Crypto Broker Tax Reporting Rules

The US Treasury and IRS released final regulations defining the new reporting requirements for digital asset brokers on June 28. Crypto…

2 years ago

U.S. Treasury Official Targets Tether USDT Stablecoin in Russian Sanction Evasion

US Treasury Deputy Secretary Adewale Adeyemo said Russia was increasingly using alternative payment mechanisms like Tether’s USDT stablecoin to bypass economic sanctions, according to his written…

2 years ago