Latest News and Articles about US Treasury
US Treasury’s GENIUS Act: Crypto Innovation or Privacy Threat in 2025?
US Treasury Moves Forward with GENIUS Act, Opens Public Feedback on Crypto Regulation The US Treasury Department has officially begun implementing the GENIUS Act, a landmark piece of legislation signed into law by President Donald Trump on July 18, 2025, aimed at fostering cryptocurrency innovation while clamping down on illicit activities. With a 60-day public […]
Read MoreUS Treasury’s Digital ID Push for DeFi Sparks Privacy Debate Under GENIUS Act 2025
US Treasury Pushes Digital ID for DeFi: Stablecoin Regulation Under GENIUS Act 2025 The U.S. Department of the Treasury is stepping into the decentralized finance (DeFi) arena with a controversial proposal to enforce digital identity verification, aiming to clamp down on illicit activities while navigating the tightrope of innovation and oversight. Tied to the newly […]
Read MoreCrypto Markets Lose $1B in Liquidations as US Rejects Bitcoin Reserve Purchases
Crypto Markets Bleed $1B in Liquidations as US Rejects Bitcoin Reserve Purchases A staggering $1 billion in crypto derivatives liquidations hit traders like a freight train this week, just as US Treasury Secretary Scott Bessent dropped a bombshell: the government won’t be buying Bitcoin for its Strategic Bitcoin Reserve. This brutal combo of market chaos […]
Read MoreUS Treasury Targets Aeza Group, Freezes $350K Crypto Wallet in Cybercrime Crackdown
US Treasury Slams Aeza Group, Freezes $350K Crypto Wallet in Cybercrime Crackdown The U.S. Treasury Department has launched a fierce assault on cybercrime, targeting the Russia-based Aeza Group, a bulletproof hosting provider notorious for sheltering ransomware gangs and darknet markets. With a TRON blockchain wallet packed with over $350,000 now frozen, this action aims to […]
Read MoreUS Treasury Delists Tornado Cash but Faces Backlash Over Lawsuit Dismissal
US Treasury Faces Backlash Over Attempt To Dismiss Tornado Cash Case Without Final Ruling The US Treasury’s decision to delist Tornado Cash from its sanctions list has sparked controversy, with critics arguing that dismissing the lawsuit without a final court ruling could leave the crypto-mixing protocol vulnerable to future attacks. US Treasury delists Tornado Cash […]
Read MoreUS Treasury Explores Bitcoin Custody Options Amid Strategic Reserve Expansion
US Treasury Explores Custody Options for Strategic Bitcoin Reserve The US Treasury is exploring options for securing its strategic Bitcoin reserve, which currently holds nearly 200,000 BTC valued at around $17.5 billion. Discussions with top cryptocurrency custody companies are underway to determine whether the government should self-custody its Bitcoin or utilize third-party custody services. This […]
Read MoreChinese Hackers Breach US Treasury: Cybersecurity Wake-Up Call for Crypto
Chinese Hackers Breach US Treasury Department: A Wake-Up Call for Cybersecurity In a shocking display of digital espionage, Chinese hackers have infiltrated the US Treasury Department, compromising around 400 devices, including Treasury Secretary Janet Yellen’s computer. This breach, a stark reminder of the escalating cyber warfare between the US and China, raises critical questions about […]
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