Treasury's latest measure isn't QE or YCC. Still, bitcoin is skyrocketing. Here's why.
The rally in hard assets isn’t necessarily about what the Treasury is doing, but what its move signals to the market.
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US Treasury sanctions over 100 ISIS-K crypto addresses in latest enforcement action
The U.S. Treasury’s Office of Foreign Assets Control (OFAC) added 134 crypto wallet addresses to its ISIS-Khorasan (ISIS-K) sanctions entry on Wednesday, including 131 Tron addresses and 3 Monero addresses. The TRON wallets received more than $1.4 million since 2023 and sent more than $880,000,… Read More
Iran’s crypto tanker tolls are the latest step in its sanctions‑busting trade network
It’s no surprise that Iran is now accepting cryptocurrency payments from cargo ships passing through the Strait of Hormuz. Experts in blockchain criminality say this move fits perfectly with Tehran’s existing sanctions‑skirting trade networks. Iran’s crypto tolls have now been confirmed via recent comments from… Read More
Stablecoin yield in crypto Clarity Act won’t allow rewards on balances, latest text says
Crypto industry insiders got their first look at the revised market structure bill in the Senate, and the opening impression was that the language on allowable stablecoin yield was overly narrow and unclear, according to a person familiar with the current draft. The new language,… Read More
Latest White House talks on stablecoin yield make ‘progress’ with banks, no deal yet
More progress was made but no compromise deal has yet emerged after a meeting hosted by the White House on Thursday to bring crypto insiders and bankers to the table again on U.S. digital assets legislation, according to crypto insiders who attended. “Today’s constructive meeting… Read More
Polymarket, Kalshi contract limits demonstrated in latest U.S. government shutdown fight
The U.S. government is set to partially shut down at midnight, despite the Senate voting in favor of a funding package intended to keep the government running — showing the importance of specificity in prediction market contracts. The House of Representatives is out of session… Read More