The new exchange, Grinex, reportedly shares similarities to Garantex, which was shuttered earlier this month by international authorities.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Rep. Gerald Connolly pressed the Treasury Department to halt plans for a strategic bitcoin reserve citing Trump's conflicts of interest.
The analysts expect clarity on budget-neutral bitcoin acquisition measures from Treasury Secretary Scott Bessent by May 5.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Standard Chartered suggests U.S. could potentially fund the Strategic Bitcoin Reserve in a budget-neutral way by selling gold for bitcoin.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The addresses were controlled Iranian national Behrouz Parsarad, the alleged administrator of the Nemesis darknet marketplace.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Trump's reserve announcement raised further questions over asset allocations, how it would be funded and how likely it is to be enacted.
The bosses of Circle and Tether both set out their views on U.S. regulation in what some in the crypto community call a "stablecoin war."
Sanctioned jurisdictions and entities globally received $15.8 billion in cryptocurrency last year — 39% of all illicit crypto transactions.
Strategy made a profitability warning, particularly if there is a significant decrease in the market value of its bitcoin holdings.
Trump's sovereign wealth fund executive order could potentially include bitcoin among its strategic assets, an analyst said.
Recently confirmed U.S. Treasury Secretary Scott Bessent will be taking on a second role as acting director of the CFPB.
While most analysts agree that tariffs are negative for crypto in the short term, some argue they could benefit the market longer term.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The new Treasury Department chief didn't bring up crypto policy at his nomination hearing, but he'll have enormous reach into topics vital to the industry.
President Trump's move to gauge creating a potential crypto stockpile leaves open questions on what it is and what happens next.
Sen. Ted Cruz plans to introduce a Congressional Review Act resolution next week to overturn a controversial crypto-related tax rule.
Scott Bessent, who is immersed in the Senate confirmation process as President-elect Donald Trump's Treasury secretary nominee, only addressed crypto briefly.
As a U.S. Treasury official, Nelson went after the asset mixing service in a consequential case for the crypto sector that came to a head in 2024.
A U.S. federal appeals court has delivered a major legal victory to the crypto sector by throwing out the U.S. Treasury Department's earlier effort to directly sanction crypto mixing service Tornado Cash.The court found that the government didn't have the proper tools to include the actual technology underpinning the service as a sanctioned entity.
The U.S. Treasury Department's researchers were watching out for crypto risks, but they found digital assets enthusiasts with otherwise low incomes were buying homes in recent years at a high rate.The high-crypto, poor areas have apparently used crypto gains to obtain mortgages and car loans, the Office of Financial Research found, but the delinquency rates on the debt have been low. This cohort of the population is still worth watching for emerging risks if the markets take a turn, the paper noted.
Foreign real estate deals near sensitive U.S. military bases will get more government scrutiny under a new rule from the U.S. Department of the Treasury that has emerged after President Joe Biden ordered a China-tied crypto mining operation beside a Wyoming nuclear missile base shut down earlier this year.
The U.S. Treasury Department's panel of Wall Street advisers see the tokenization of U.S. debt and other assets providing some significant potential advances, the group contended in a new report – while also envisioning an inevitable need for the kind of heavy central hand that may rankle the crypto sector.
The U.S. Treasury Department has a new strategy for financial inclusion to help people get access to the financial system, but the 35-page report references cryptocurrency only once – to tout Treasury's work on flagging the industry's hazards.
“Old noise” may be a new name for FUD, as Tether defends itself from a report in The Wall Street Journal about US government investigations.
Two crypto exchanges and two individuals have been sanctioned for ties to underground finance.