Treasury

U.S. Treasury Discloses Bitcoin and Litecoin Addresses of Alleged Chinese Drug Smugglers

According to a press release dated August 21, 2019, the U.S. Treasury Department has blacklisted three Chinese citizens and one Chinese Entity for allegedly leading an online-based drug trafficking organization that was smuggling opioids inside the US. Criminals have been blacklisted and personal data have been disclosed including several bitcoin addresses and one litecoin address. […]

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U.S. Treasury Secretary: ‘I Bet I Won’t Even Talk About Bitcoin in Five Years’

U.S. Treasury Secretary Steven Mnuchin believes cryptocurrency transactions may pose certain risks to the financial system as they could potentially be used fund illicit activities such as money laundering and drug trafficking. Mnuchin’s recent comments also seemed to imply that Bitcoin might not be a major financial asset class in the coming years.  During an […]

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US Treasury Secretary Mnuchin Thinks Outlook for Bitcoin is Bleak

Secretary Steven Mnuchin said, “I will personally not be loaded up on bitcoin in 10 years.”

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US Treasury Sec: We Don’t Want Bitcoin Becoming a “Swiss-Numbered Bank Account”

Now that the U.S. Congress and Senate have finished their hearings with Facebook, U.S. Treasury Secretary Steven Mnuchin has set his regulatory sights on Bitcoin. Increased Regulation on the Table Again It appears that the aftermath of the US Congress and Senate Banking Committee’ hearings on Facebook’s Libra coin could present a new set of […]

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US Treasury Secretary Says Cash Is Not Laundered As Much As Bitcoin Is

Treasury Secretary Steven Mnuchin rejected the idea that cash is laundered all the time, implying that Bitcoin is. Treasury Secretary Steven Mnuchin said that the authority will be preventing Bitcoin (BTC) from becoming an “equivalent of Swiss-numbered bank accounts.” U.S. secretary of the treasury to closely monitor Bitcoin regardless of price In a press briefing […]

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Treasury Secretary Seals Bitcoin’s Impending Death by a Thousand Cuts

Following Donald Trump’s sudden and mysterious tweets regarding bitcoin last week, Treasury Secretary Steven Mnuchin held an unexpected press conference on Monday. He used coded language telegraphing the end of bitcoin and cryptocurrency. The Feds Want to Stop Crimes and Stabilize Markets Steven Mnuchin was not lying when he said that the federal government wants […]

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US Treasury Secretary Mnuchin Attacks Bitcoin, Libra

US Treasury Secretary Steven Mnuchin touched upon Bitcoin and Facebook’s Libra cryptocurrency in a Monday press conference, voicing concerns about the misuse of cryptos for money laundering and terrorist financing. Bitcoin, Libra Represent a National Security Issue, Mnuchin Says The cryptocurrency market turned bearish as Mnuchin mentioned the negative aspects of digital assets. His speech […]

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Panxora Safeguards ICO Assets with Crypto Treasury Management Service

Coinspeaker Panxora Safeguards ICO Assets with Crypto Treasury Management Service Panxora has announced a new Treasury Management Service which will not only helps ICOs survive but thrive within the current market conditions. Panxora Safeguards ICO Assets with Crypto Treasury Management Service Continue reading at Coinspeaker

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Ethereum ICO Treasury Withdrawals Hit 2018 High in December

Projects which had their initial coin offerings (ICOs) on the blockchain of Ethereum have quickly liquidated their ETH holdings since June of 2018. Treasury withdrawals hit a year-high in December with more than 420,000 ETH being liquidated. 420,000 Ethereum Sold in December Upwards of 420,000 ETH has been liquidated from ICO treasuries so far in […]

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