Thursday, March 28, 2024
Home > Treasurys

Real-World Asset Tokenization Platform Ondo Finance Expands Tokenized Treasurys to Polygon Network

Tokenized Treasurys has grown to a $600 million market, with Ondo Finance’s OUSG token claiming a significant share of $134 million since its inception in January. Flux Finance, developed by Ondo’s team and governed by a decentralized autonomous organization (DAO) through community votes, lets investors take out loans by pledging

Read More

Crypto Trading Legend’s Next Move Is Bringing U.S. Treasurys to Crypto, With Plans for Corporate Bonds, Too

Despite being U.S.-issued debt, PV01 won’t immediately operate in the U.S., where regulation and scrutiny of crypto is getting stricter. “We’re only going to offer our products broadly in the United States when we have a clear sense that it’s legal to do so based on the setup that we

Read More

US Treasury’s Financial Stability Oversight Council held unscheduled, closed meeting

The United States’ most powerful financial regulators gathered on March 24 by video conference for an unscheduled, closed meeting of the Treasury Department’s Financial Stability Oversight Council (FSOC), the department announced in a statement. Treasury Secretary Janet Yellen convened the meeting.Details were sparse in the Treasury statement, but it said

Read More

Investors shelter in short-term Treasurys, reducing Bitcoin’s chance of rallying to $30K

The price of Bitcoin (BTC) surpassed $28,000 on March 21, but according to two derivatives metrics, traders aren’t very ecstatic after a 36% gain in eight days. Looking beyond Bitcoin’s stellar performance, there are reasons investors are not fully confident in further price upside. The recent rescue of Credit Suisse,

Read More

US Treasury’s Yellen Says Crypto Doesn’t Have Adequate Regulation — Calls FTX Collapse ‘a Lehman Moment’ – Regulation Bitcoin News

U.S. Treasury Secretary Janet Yellen says that the collapse of crypto exchange FTX shows that the crypto industry “really needs to have adequate regulation.” She added: “It’s a Lehman moment within crypto, and crypto is big enough that we’ve had substantial harm with investors.” Treasury Secretary Janet Yellen on FTX Implosion

Read More

Treasury’s OFAC is investigating Kraken for violating US sanctions: Report

The United States Treasury Department’s Office of Foreign Assets Control, or OFAC, is reportedly investigating crypto exchange Kraken for allegedly allowing users based in Iran and other countries to buy and sell crypto — a potential violation of U.S. sanctions.According to a Tuesday report from the New York Times, OFAC

Read More