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Record AUM Achieved by First Bitcoin ETF in the U.S., Surpassing $1.47 Billion

Owen Patter3 years ago2 min read

Bitcoin ETF Surpasses $1.5 Billion AUM The ProShares Bitcoin Strategy ETF (BITO) has reached a new milestone with nearly $1.5 billion in Bitcoin futures contracts, making…

Action Against Illicit Finance Urged by U.S. Deputy Treasury Secretary Wally Adeyemo for Crypto Industry

Daisy Hodley3 years ago2 min read

U.S. Deputy Treasury Secretary Calls on Crypto Industry to Combat Illicit Finance U.S. Deputy Treasury Secretary Wally Adeyemo has issued a warning to the crypto industry,…

Citi’s Top U.S. Economist Warns of Prolonged Services Inflation Impact on Fed Rate Cuts

Ethan Glober3 years ago3 min read

Understanding Economic Data and Inflation Today, Andrew Hollenhorst, Citi’s Chief U.S. Economist, appeared on CNBC’s “Squawk on the Street” to analyze the current economic data and…

Enhanced Digital Asset Sanctions Powers Set to Expand by U.S. Treasury

Noah Rypton3 years ago2 min read

The Biden Administration Calls for Updates to Sanctions Authority The Biden administration is urging Congress to consider significant updates to the Treasury’s sanctions authority. The goal…

U.S. Treasury Official Raises Concerns about Tether’s Stability

Cino Gaperi3 years ago2 min read

Stablecoin Misuse and Its Global Impact Wally Adeyemo, the Deputy Secretary of the Treasury, raised concerns about the increasing misuse of stablecoins around the world, particularly…

Sanctions Imposed by U.S. Treasury on North Korean Government’s Cryptocurrency Mixer Sinbad

Wyatt Newson3 years ago2 min read

The U.S. Treasury Department Sanctions North Korean Government’s Crypto Mixer Sinbad The U.S. Treasury Department has announced sanctions on Sinbad, a crypto mixer used by the…

U.S. Government Imposes Sanctions on Sinbad Crypto Mixer for Alleged Involvement in North Korean Money Laundering

Daisy Hodley3 years ago2 min read

The US Government Sanctions Crypto Mixer Sinbad for Alleged North Korean Money Laundering The US Department of the Treasury has announced sanctions on crypto mixing protocol…

Warning Issued by Deputy U.S. Treasury Secretary to “Bad Actors” in Crypto, Speaks at D.C. Policy Summit

Wyatt Newson3 years ago3 min read

U.S. Deputy Treasury Secretary Warns “Bad Actors” in Crypto Industry During the Blockchain Association’s Policy Summit in Washington, D.C., U.S. Deputy Treasury Secretary Wally Adeyemo delivered…

U.S. Treasury Imposes Sanctions on Sinbad Cryptocurrency Mixer

Noah Rypton3 years ago2 min read

Sinbad Cryptocurrency Mixer Used by North Korean Hackers for Money Laundering The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions…

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