Finance
U.S. Lifts Sanctions on Tornado Cash Following Court Ruling
Recent legal developments have led the U.S. Treasury to remove Tornado Cash from its sanctions list amidst ongoing criminal proceedings against one of its co-founders.
Crypto
Tether Positions Itself as Major Investor in U.S. Treasury Securities
Tether has emerged as a significant player in the U.S. Treasury market, ranking as the seventh largest foreign buyer of U.S. Treasury securities in 2024.
Economy
U.S. Treasury Secretary Bessent Discusses Market Corrections and the 'Trump Put'
Bessent indicates asset market corrections are normal, suggesting a delay in policy support.
Finance
U.S. Treasury's New Crypto Official Highlights Importance of Stablecoin Legislation
The U.S. Treasury's newly appointed crypto counselor emphasizes the need for stablecoin regulations as part of the department's agenda.
Crypto
Iran and Other Sanctioned Nations Increasingly Embracing Cryptocurrency
A report reveals that countries under U.S. sanctions, particularly Iran, are significantly engaging with cryptocurrency to bypass financial restrictions.
Crypto
Ondo Finance Introduces $185 Million Tokenized U.S. Treasury Offering on XRP Ledger
Ondo Finance has launched its tokenized U.S. Treasury offering OUSG on the XRP Ledger, enabling institutional investors to mint and redeem tokens using Ripple's RLUSD stablecoin.
Election 2024
U.S. Financial Inclusion Strategy Overlooks Cryptocurrency
The new strategy from the U.S. Treasury Department promotes financial inclusion but only mentions crypto as a risk, contrasting with a more favorable stance from Vice President Harris during her campaign.
Crypto
Midas Broadens Tokenized Offerings for Retail Investors Following Regulatory Approval
The platform Midas has gained regulatory approval in Liechtenstein, enabling it to offer tokenized U.S. Treasury bills and basis trade products to retail investors in Europe.
