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treasury

Stablecoins1

US Treasury secretary believes CBDCs should be confidential

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Assistant Secretary for Financial Institutions at the US Treasury Graham Steele spoke at a Texas conference about digitizing financial services. He focused on Central Bank Digital Currencies (CBDCs) and discussed their potential and consequences. Steele, who oversees banking, credit unions, insurance, […]
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US Treasury Secretary Yellen wants more crypto regulation

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Amid escalating legal cases against prominent cryptocurrency platforms, Coinbase and Binance, U.S. Treasury Secretary Janet Yellen emphasized the need for stronger regulation to safeguard crypto users and investors. Treasury Secretary Janet Yellen made some remarks on CNBC’s Squawk Box, publicly supporting […]
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US Treasury challenged over Tornado Cash sanctions

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a bid to reverse sanctions against Ethereum’s privacy service, Tornado Cash, plaintiffs question the U.S. Department of Treasury’s interpretation of property rights in smart contracts and the application of the first amendment’s free speech clause. In a fresh legal development, […]
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Circle rebalances treasury holdings amid US debt default concerns

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Concerns about a possible U.S. government default have prompted Circle, a prominent stablecoin producer, to adjust its treasury holdings. The business has chosen to keep a reserve portfolio heavily weighted toward short-term U.S. treasuries.  The move to short-dated debt occurs as debate rages […]
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US Treasury warns DeFi poses a threat to national security

The U.S. Department of Treasury issued a stark warning, stating that the rise of decentralized cryptocurrency markets poses a significant threat to national security, with concerns ranging from illicit activities to financial stability risks. The U.S. Department of Treasury (DoT) recently released a statement expressing concern over the impact of decentralized cryptocurrency markets on national […]
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