Tag: Treasury

DeFi Technologies Adopts Bitcoin as Treasury Reserve

DeFi Technologies Inc., a leading Canadian financial technology (fintech) company, has embraced Bitcoin (BTC) as its primary treasury reserve asset. This strategic move...

Tokenized Treasury Bonds Market Reaches $1.44 Billion

Amid growing popularity and adoption of digital assets in the traditional financial space, the value of tokenized treasury bonds has soared to $1.44...

1 Billion USDT Minted by Tether Treasury: Market Awaits Impact

Through its treasury, Tether, the issuer of USDT, has minted a significant amount of its stablecoin. On-chain data reveals that Tether Treasury minted...

How Cardano’s Treasury Grew to Control 1.5 Billion ADA

Cardano’s Treasury has hoarded 1.5 billion ADA tokens, worth over $720 million, which constitutes over 4% of the circulating supply. This is a reservoir...

US Treasury Probes $165 Million in Crypto for Terrorism Finance

The US Treasury Department is reportedly investigating $165 million in crypto transactions potentially linked to Hamas, particularly before its October 7, 2023 attack...

US Treasury Sanctions Ransomware Used In $9 Billion Attack

The US Treasury Department has sanctioned two individuals affiliated with the Russian ransomware group that stole $9 billion in assets from a US...

Crypto Isn’t a Popular Tool for Hamas and Jihadists: US Treasury

During last year’s terrorist attacks in Israel, crypto was quickly blamed for funding the violence. Critics, however, have challenged this claim, pointing to...

Why US Treasury Seeks More Control Over Crypto

In a recent statement to the House Financial Services Committee, a US Treasury official highlighted the growing concerns around using crypto in illicit...

US Dollar Outpaces Crypto in Money Laundering: US Treasury

According to the United States Treasury Department, traditional cash transactions are the preferred medium over crypto for criminal organizations engaging in money laundering...

Treasury Yields Selloff Could be Bullish for Bitcoin ETF

Yields on 10-year US Treasuries reached 5% on Friday, a decade-high, continuing the selloff that has been accompanied by a sharp price decline...

Why Crypto Mixers Face Scrutiny from US Treasury Department

The United States Treasury Department has unveiled a proposal targeting international cryptocurrency platforms, colloquially known as “crypto mixers.” The initiative emerges amidst a...

Tether’s $72.5 Billion in US Treasury Bills Outpaces Nations

Tether, the issuer of the most widely-used stablecoin, USDT, has positioned itself as a powerhouse. According to Paolo Ardoino, CTO of Tether, the company...

US Treasury and IRS Target Unreported Crypto Taxes

On Friday, the US Department of the Treasury and the Internal Revenue Service (IRS) released proposed regulations for the sale and exchange of...