BITPRISMIA
The U.S. government has established a Strategic Bitcoin Reserve, signaling a shift towards recognizing Bitcoin as a valuable asset and integrating it into national wealth strategies.
The U.S. Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on the Russian cryptocurrency exchange Garantex, targeting its alleged involvement in illicit activities such as ransomware payments and cybercrime funding.
The U.S. Treasury holds between $15 billion and $20 billion in Bitcoin, primarily acquired through seizures, and its management of these assets has significant implications for the cryptocurrency market.
The White House digital asset report outlines key directives for cryptocurrency regulation in the U.S., addressing seized Bitcoin, CBDC issuance, and banking services for crypto businesses.
Treasury Secretary Bessent's 'Crypto, Welcome Home' video signals a potential strategic pivot in US crypto policy, aiming for a clearer, unified regulatory framework and fostering domestic digital asset growth.
The White House has released a comprehensive 168-page report on crypto regulation, signaling the U.S. government's intent to establish a clear framework for digital assets, addressing challenges and opportunities while paving the way for future legislation and institutional adoption.
Interest rate cuts by major economies, particularly the U.S., could significantly impact the cryptocurrency market by increasing liquidity and boosting investor appetite for risk, though the exact effects depend on broader economic conditions.
The US Treasury and IRS have revoked a controversial crypto broker reporting rule, marking a regulatory shift under President Trump's administration, which aims to foster a more crypto-friendly environment.
The U.S. Treasury has removed the controversial crypto broker reporting rules, reducing compliance burdens for exchanges but maintaining individual taxpayer obligations for reporting crypto income and gains.
The US Treasury Department officially scrapped crypto broker reporting rules following a Congressional vote, marking a significant victory for DeFi advocates and signaling a pro-crypto policy direction.