US Treasury Cites Rising Cryptocurrency Misuse in 2024 National Risk Assessments
In its 2024 National Risk Assessments, the U.S. Department of the Treasury has unveiled the regarding pattern of criminals more and more turning to cryptocurrencies...
Congressman Warren Davidson Rails Against Treasury’s ‘Red Herring Arguments’ On Crypto
Warren Davidson, Vice Chairman of the Subcommittee on Digital Assets, Financial Technology, and Inclusion of the House Financial Services Committee, has rejected the coverage strategies...
US Congress Members Clash on the Potential Effect of Proposed Tax Rules on the Crypto Industry
Members of the U.S. Congress have expressed considerations in regards to the potential issues that implementing the newly proposed crypto tax reporting necessities may create...
US Treasury Secretary Janet Yellen Acknowledges Sanctions Weaponization Could Hurt Dollar Hegemony
U.S. Treasury Secretary Janet Yellen talked in regards to the risks that sanctions based mostly on the U.S. greenback may pose for the hegemony of...
US Central Bank’s Fednow Payment Service to Launch in July, Economist Calls Timing ‘Suspicious’
According to the U.S. Federal Reserve, the central financial institution’s Fednow cost service will begin working in July, and contributors might be licensed in April...
FDIC Creates Bridge Banks for Failed Silicon Valley Bank and Signature Bank Clients to Access Funds
The U.S. Federal Deposit Insurance Corporation (FDIC) has introduced that purchasers of Silicon Valley Bank (SVB) and Signature Bank (SBNY) can entry their funds throughout...
Reports Claim Russia Defaulted on Foreign Debt for the First Time in a Century, Kremlin Disagrees and Says It Paid
According to reviews, the Russian Federation has defaulted on its overseas debt for the primary time since 1918. Bondholders informed the press that they’d not...
Russian Crypto Mining Giant Bitriver Considers Challenging US Sanctions
Russia’s Bitriver, one of many largest operators of crypto mining information facilities, could take authorized motion in opposition to the U.S. over the choice to...
‘Being a Currency and a Security Are Not Contradictory,’ Crypto Can Be Both: Monetary Historian
Franklin Noll, a tutorial and financial historian, has asserted that crypto could be each a safety and a forex. Pointing to the historical past of...