Energy company KULR Technology Group unveiled the start of its Bitcoin (BTC) treasury on Dec. 4 by acquiring 217.18 BTC for approximately …
Treasury
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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 …
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Regulation
Paulson bows out and Bessent steps in with a crypto friendly vision for Treasury
by shayaanby shayaanAs Trump gears up for another term, could his potential Treasury Secretary pick, Scott Bessent, finally bring a crypto-friendly approach to the …
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Finance
Polymarket predicts an 88% chance of Trump picking pro-Bitcoin Scott Bessent for Treasury secretary
by shayaanby shayaanScott Bessent, a strong advocate for crypto, particularly Bitcoin, has an 88% probability of becoming the next Treasury secretary under a second …
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Bitcoin as an institutional reserve asset gained more traction as a Singapore-based AI company took a page from MicroStrategy’s book. Per a …