Cryptocoins News / Finance Magnates - 11 months ago
Cryptocurrency exchange Bittrex filed for Chapter 11 bankruptcy protection in the US state of Delaware less than a month after its exit from the country. The bankruptcy only affects its US operation and not the global exchange.
The End of Bittrex US...
Cryptocoins News / Blockchain - 1 year ago
The US Treasury and top financial regulators have proposed new rules to ease the Federal Reserve's designation of nonbank institutions as systemically important. Treasury Secretary Janet Yellen raised concerns over nonbank institutions' lack of super...
Cryptocoins News / Blockchain - 1 year ago
The US Treasury conducted a risk assessment of DeFi, finding it lacking in AML/CFT compliance, and reported money laundering, scammers, and North Korean hackers benefiting from the sector. The Treasury response to Biden's executive order suggests mor...
Bitcoin News / Bitcoin.com - 1 year ago
Prices of gold, and other precious metals, fell on Wednesday due to stronger U.S. yields and national currency. The decline comes on the backdrop of expectations of new interest rate increases next month amid persistent inflation in the United States...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. Treasury Secretary Janet Yellen talked about the dangers that sanctions based on the U.S. dollar might pose for the hegemony of the currency in international markets. According to Yellen, the government tries to use sanctions “judiciously,...
Bitcoin News / Bitcoin.com - 1 year ago
Officials of the U.S. Treasury Department will travel to Europe this month with the objective of getting more countries to apply punitive actions against Russia. The tour, which includes visits to Switzerland, Italy, and Germany, aims to stop the mat...
by COINS NEWS - 1 year ago
Based on the report by the US Treasury on defi, they admit to the fact that cash is still king in being used to launder money or finance terrorism. This is a quote from the report, "Still, as previously noted in the 2022 NRAs, this risk assessme...
Bitcoin News / Google News Bitcoin - 1 year ago
Bitcoin holds US$28,000 in choppy trading; Ether falls after US Treasury warns against DeFi risk& & Yahoo Finance
by COINS NEWS - 1 year ago
The US Treasury Department has released a press release on the 2023 DeFi illicit finance risk assessment. The report was released after a proper analysis of the decentralized finance sector. Additionally, the report speaks about how the Democratic P...
Bitcoin News / Bitcoinist - 1 year ago
A new report by the United States Treasury Department highlights the growing concern of the US regulatory agencies regarding “illicit” actors exploiting decentralized finance (DeFi) services and their associated vulnerabilities.
The report defines D...
Bitcoin News / Bitcoin.com - 1 year ago
The U.S. Treasury has released a 42-page report assessing the risks of decentralized finance (defi). The report states that specific nation-state adversaries, cybercriminals, ransomware attackers, thieves, and scammers are using defi to “transf...
Bitcoin News / Bitcoinist - 1 year ago
A recent study by the United States Treasury revealed that the introduction of central bank digital currency (CBDC) could potentially destabilize the banking sector while also having the potential to boost household welfare.
Before now, US lawmakers...
Cryptocoins News / Blockchain - 1 year ago
MakerDAO passed a proposal to increase its US Treasury bond holdings by 150% to $1.25 billion. The move aims to diversify its liquid assets and boost revenue stream through a net annualized yield of 4.6% to 4.5%. The bonds will be purchased with equa...
Bitcoin News / Bitcoinist - 1 year ago
The recent implosion of some US banks spiked mixed reactions among the public. Most customers of both Silicon Valley and Signature Bank feared a possible loss of their money following the closure of the banks.
However, the Treasury Secretary, Janet...
Cryptocoins News / The Cointelegraph - 1 year ago
The emergency proposal increases MakerDAO’s holdings of United States bonds by 150%, aiming to diversify the Dai stablecoin’s collateral exposure. Lending protocol an...
Bitcoin News / Bitcoin.com - 1 year ago
U.S. Treasury Secretary Janet Yellen has ruled out a government bailout of the collapsed Silicon Valley Bank (SVB), which was shut down by regulators on Friday. Yellen explained that the reforms put in place after the 2008 financial crisis were aimed...
Bitcoin News / Bitcoin.com - 1 year ago
On March 1, 2023, Nellie Liang, undersecretary for domestic finance at the U.S. Treasury, delivered a speech to the Atlantic Council in Washington concerning the subject of central bank digital currencies (CBDCs). Liang detailed during her speech tha...
Cryptocoins News / The Cointelegraph - 1 year ago
The government department said it would impose “full blocking sanctions” on Jonatan Zimenkov and his crypto addresses due to his connections with a sanctions evasion network....
More / Bitcoin Reddit - 1 year ago
That shit coin being the USD of course. What a corrupt system. Read the article below if you’re interested. This debate comes around every now and again. More financial gymnastics at play with debt ceiling conversations. The discussion centers on th...