US Treasury targets NFTs for potential high-value art money laundering

US Treasury targets NFTs for potential high-value art money laundering

The U.S. Department of the Treasury released a study on the high-value art market, highlighting the potential in the nonfungible tokens (NFT) space to conduct illicit money laundering or terror financing operations.... Read more »
Bitfarms Buys the Dip: 1,000 Bitcoin Added to Treasury as BTC Falls While Mining Hardware Prices Remain High

Bitfarms Buys the Dip: 1,000 Bitcoin Added to Treasury as BTC Falls While Mining Hardware Prices Remain High

Global bitcoin mining company Bitfarms has bought the dip and added 1,000 bitcoins to its balance sheet while the prices of mining hardware remain high. The company’s corporate treasury now holds more... Read more »
US Treasury Secretary Yellen Says She's Undecided Whether the Fed Should Issue Digital Currency

US Treasury Secretary Yellen Says She’s Undecided Whether the Fed Should Issue Digital Currency

The U.S. Treasury Secretary Janet Yellen says that she has not made up her mind about whether the Fed should issue a central bank digital currency (CBDC). “There are some benefits” to... Read more »
US Treasury Sanctions 2nd Cryptocurrency Exchange, DOJ Seizes $6.1 Million

US Treasury Sanctions 2nd Cryptocurrency Exchange, DOJ Seizes $6.1 Million

The U.S. Treasury Department has sanctioned a second cryptocurrency exchange “for facilitating financial transactions for ransomware actors.” Two ransomware operators have also been sanctioned and $6.1 million in funds were seized. US... Read more »