A prominent nonprofit crypto advocacy group is filing a lawsuit to dispute new reporting rules for decentralized finance (DeFi) brokers. In a …
Treasury
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Finance
US Treasury to hit new debt ceiling before Trump’s inauguration as the crisis worsens
by shayaanby shayaanThe United States is staring down the barrel of another financial crisis, with the Treasury Department confirming it will hit a new …
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Regulation
Crypto Stakeholders Protest As U.S. Treasury Department and IRS Finalize New DeFi Broker Reporting Rule
by shayaanby shayaanCrypto stakeholders are protesting as the U.S. Department of the Treasury and the Internal Revenue Service (IRS) finalize new reporting rules for …
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Adoption
KULR latest to add Bitcoin to corporate treasury with $21 million acquisition
by shayaanby shayaanEnergy company KULR Technology Group unveiled the start of its Bitcoin (BTC) treasury on Dec. 4 by acquiring 217.18 BTC for approximately …
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Regulation
Treasury and IRS finish broker rules for DeFi, require KYC from protocols
by shayaanby shayaanThe US Department of the Treasury and the Internal Revenue Service (IRS) have released the final version of its broker rules to …
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Ripple’s chief technology officer (CTO) David Schwartz has published a tweet, commenting on the big legal win scored by Tornado Cash against …
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Regulation
Blockchain Association wants Trump to replace SEC, IRS, and Treasury leaders
by shayaanby shayaanThe Blockchain Association, a nonprofit representing crypto and blockchain businesses in the U.S., sent a letter to president-elect Donald Trump and Congress …
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Finance
US Treasury warns against using all cross-border payment systems that don’t align with its standards
by shayaanby shayaanThe U.S. Treasury is taking a hard line on cross-border payment systems that stray from its standards. Brent Neiman, Assistant Secretary for …
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Markets
Trump Picks Pro-Crypto Hedge Fund Manager Scott Bessent for Treasury Secretary
by shayaanby shayaanPresident-elect Donald Trump has nominated Wall Street titan Scott Bessent as Treasury Secretary. www.coindesk.com
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Regulation
Seven US Representatives Ask Treasury Secretary Janet Yellen Why Tornado Cash Remains Online Despite Sanctions
by shayaanby shayaanA handful of Democratic US Representatives are grilling Treasury Secretary Janet Yellen on the continued accessibility of Tornado Cash, an Ethereum (ETH)-based …