The U.S. Treasury has seized approximately $1 billion in Iranian-linked cryptocurrency assets, Treasury Secretary Scott Bessent announced May 29, 2026, at the Reagan National Economic Forum in Simi Valley, California. Operation Economic Fury: Scott Bessent Says U.S. Seized $1B in Iranian Crypto, Wallets Grabbed Without Warning Bessent made the disclosure during a live interview with […]
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Morgan Stanley turned up the heat in the bitcoin exchange-traded fund (ETF) race with a low-fee launch, while Starkware outlined a way to make bitcoin transactions quantum-safe without changing the protocol. In Washington, Treasury Secretary Scott Bessent renewed pressure to pass the Clarity Act as Anthropic unveiled an unreleased AI model that found serious bugs […]
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U.S. Treasury Secretary Scott Bessent intensifies calls for crypto legislation as SEC Chair Paul Atkins and lawmakers align, urging Congress to advance a stalled framework amid rising market scale, regulatory gaps, and global competition. Key Takeaways: U.S. Treasury Secretary Bessent urges Congress to pass the Clarity Act, citing a multi-trillion-dollar digital asset market. SEC and […]
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The U.S. Department of the Treasury proposed new rules on April 8, 2026, requiring permitted payment stablecoin issuers to comply with federal anti-money laundering (AML) and sanctions laws for the first time. Key Takeaways: FinCEN and OFAC issued a joint NPRM on April 8, 2026, requiring stablecoin issuers to comply with Bank Secrecy Act obligations. […]
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U.S. Treasury Secretary Scott Bessent says the United States is entering a period of accelerated growth without inflationary pressure, outlining what he calls a “Bountiful 2026” economic blueprint following meetings in Davos. Treasury Secretary Scott Bessent Details ‘Bountiful 2026’ Vision After Davos In a series of media appearances and official remarks on Tuesday, Scott Bessent […]
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One crypto executive speculates Warren’s letter is a veiled attempt to justify an expansion of regulation against “neutral crypto technology providers.”
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Bitcoin is now down around 11% after reaching its all-time high price of $108,135 on Dec. 17.
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US Federal Reserve Chair Jerome Powell also dismissed the idea that people see Bitcoin as a symbol of a lack of faith in the US dollar.
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An analyst says Bitcoin’s correlation with the global M2 suggests it could imminently drop 20%, but not all observers agree.
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As Scott Bessent and John Paulson emerge as leading candidates for US Treasury Secretary, the community is curious about their stance on crypto.
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