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Stories tagged US Treasury.
Regulation
Bessent Targets $1B Iran-Linked Crypto Seizure This Week; Asset and Method Undisclosed
Bessent says the US will probably seize $1B in Iran-linked crypto this week. Two outlets confirm the claim; which asset and how…
Regulation
FinCEN Withdraws 2020 Wallet and 2023 Mixer Rules; Four Outlets Report Oct. 5 Notice
FinCEN pulled its December 2020 unhosted wallet proposal and October 2023 mixer plan, citing a 'chilling effect.' Bitcoin sat near $86,000 that…
Bitcoin
Bitcoin Tops $81,160, Pulls Back to $79,098 as ETFs Draw Near $2B
Bitcoin hit its highest level since January at $81,160 before easing to $79,098, with nearly $2B in weekly ETF inflows confirmed.
Bitcoin
Bitcoin Jumps to $68,473 After Treasury Doubles Debt Buybacks, Yields Fall
BTC rose almost 3% in 24 hours, touching $68,982, after the US Treasury moved to more than double its long-dated debt buyback…
Regulation
Treasury Opens Stablecoin Rulemaking Under GENIUS Act, Bars Unlicensed Issuers
Treasury's NPRM sets licensing rules for payment stablecoins as Bessent vows to keep the US the "crypto capital of the world."