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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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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The Treasury Department sanctioned a Russian exploit broker network accused of trafficking stolen U.S. trade secrets and government cyber tools for cryptocurrency, marking the first use of a key intellectual property law to counter escalating national security threats. Treasury Sanctions Crypto-Funded Exploit Ring Trading Stolen US Cyber Tools The U.S. Department of the Treasury announced […]
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Elizabeth Warren is pressing U.S. financial regulators to rule out any taxpayer-funded rescue of cryptocurrency billionaires as $2 trillion collapse fuels fears of federal intervention in digital asset markets. Warren Demands No Bailout for Bitcoin Billionaires Concerns about potential federal intervention in cryptocurrency markets intensified as U.S. Senator Elizabeth Warren on Feb. 18 urged Treasury […]
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Treasury Secretary Scott Bessent urged Congress to pass the Clarity Act this spring, arguing the legislation would calm crypto markets rattled by sharp bitcoin price swings. Bessent Warns Delay on Clarity Act Risks Market Instability This week, U.S. Treasury Secretary Scott Bessent insisted that Congress should move quickly to pass the Clarity Act, a bipartisan […]
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OFAC sanctions senior Iranian security figures, Babak Zanjani, and two UK-registered crypto exchanges for aiding the IRGC and human rights abuses. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced on January 30, 2026 in Washington the designation of Iran’s Interior Minister Eskandar Momeni Kalagari and multiple Islamic Revolutionary Guard Corps […]
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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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A Treasury nominee’s six-figure stake in Blackrock’s bitcoin ETF reveals crypto’s grip on elite portfolios, raising stakes for future U.S. economic policy decisions. Blackrock Bitcoin ETF in Spotlight as Bessent’s Financial Ties Unveiled Scott Bessent, President-elect Donald Trump’s nominee for Treasury secretary, has disclosed a personal investment of between $250,001 and $500,000 in Blackrock’s bitcoin […]
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President-elect Donald Trump has picked Scott Bessent as the new Treasury Secretary. Ripple’s CEO called him “the perfect pick” for advancing crypto and innovation. ‘He Will Be the Most Pro-Innovation, Pro-Crypto Treasury Secretary We’ve Ever Seen’ President-elect Donald Trump has nominated Scott Bessent, known for his support of cryptocurrency innovation, to replace Janet Yellen as […]
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