US Treasury Mints $90 Million USDC on Ethereum, Boosting Stablecoin Supply
TLDR Whale Alert reported the creation of 90 million USDC, although Circle has yet to issue an official confirmation. USDC trading volume skyrocketed by 73.24% in
US treasury (Latest Publications)
Tokenized U.S. Treasuries Have Multiplied x7 Since the Beginning of the Year and Now Exceed $700M
The market for tokenized versions of US government bonds has grown by nearly 600% this year, reaching more than $700 million as of Tuesday, according to
US Treasury Unit Calls for Stricter Regulation of Cryptocurrency Mixers
The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has proposed a new rule aimed at regulating cryptocurrency mixers like Tornado Cash and Tumblers,
DeFi poses a major risk to national security, warns Treasury Department
The emergence of decentralized finance (DeFi) markets poses a serious threat to national security, the U.S. Department of Treasury warned in a recent first-of-its-kind document, raising
DeFi Platform Flux Finance Rolls Out Lending Token Collateralized by U.S. Treasury Debt
Flux Finance, a decentralized finance (DeFi) platform that provides many decentralized services, such as lending, borrowing, and trading, is introducing a lending protocol allowing users to
Kraken Settles with the US Treasury for Serving Customers in Iran
Cryptocurrency exchange Kraken has reached a middle ground with the US Treasury regarding alleged transactions in Iran. Based on the statement issued by OFAC, the terms
US Draft Bill Aims At Banning Algorithmic Stablecoin For 2 Years
The US has been drafting legislation to regulate stablecoins. The latest draft stablecoin bill in the US House of Representatives will impose a two-year ban on
Fighting Crypto Crimes: US Treasury Wants Public Feedback
There has been a call for the public to provide feedback to the US Department of the Treasury regarding the role that digital assets play in
Users Will Need A License to Withdraw Funds From Tornado Cash, Says The US Treasury Department
In a recent development, the US Treasury Department has issued a guide for US citizens to help them in withdrawing funds from Tornado Cash. Previously, Tornado
US Outlaws Crypto Mixer Tornado Cash; Accuses it of Money Laundering
The United States Treasury Department, has slapped sanctions on virtual cryptocurrency mixer, Tornado Cash, charging the platform of money laundering, that cybercriminals, have used to siphon
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