Treasury

Neither proposal was ever finalized, so the withdrawals leave current obligations for banks and money services businesses unchanged. FinCEN said it still believes illicit actors use mixers and may return to the subject.

The miner's self-mining hashrate rose to 79.9 EH/s and production was up about 249 percent from a year earlier, but its bitcoin balance ended the month at 61 coins, against 257 a month earlier and 1,934 a year ago. The company's own footnote says the figure counts coins pledged as collateral, which rules out one explanation for the drop.

The Financial Services Committee approved H.R. 8957 by 28 votes to 21 on Wednesday, but on a substitute text that replaced the bill Nick Begich introduced in May. The 20-year holding period survived; the quarterly proof-of-reserve report in the original became an annual one.

Treasury named the Chinese-language marketplace along with SafeW, the encrypted messenger Xinbi moved onto in 2025, and Anwen, which built its XinbiPay wallet. OFAC puts the platform's lifetime flow above $24 billion.

OFAC's digital assets determination sits alongside four others under Executive Order 13902, and landed with nearly 60 designations including a UAE-based broker Treasury says moved over $100 million in crypto for the Qods Force.

A Treasury liquidity operation announced on 19 August, not a monetary pivot, triggered the biggest three-day bitcoin move since 2023. Short bitcoin positions built through months of range-bound trading were forced out at whatever bids remained.

Twenty One Capital lost around 14% on Tuesday and its co-founder handed the CEO seat to Raphael Zagury, a Wall Street operator whose message to investors sounds nothing like Mallers'.

The 18 January 2027 effective date did not move when the deadline slipped, and any rule finalised after 20 September will lose the ability to shorten issuers' compliance runway.

Tom Lee's public miner added another 40,000 ETH on Monday and pushed its treasury above 5.78 million tokens. Roughly 85 per cent of the stack is already staked through MAVAN, generating an annualised $235 million.

Strategy disclosed the sale of 3,588 BTC across two tranches to fund dividends on its Digital Credit securities, marking its largest bitcoin disposal since the 2022 tax-loss transaction and confirming the shift from pure accumulation to selective monetisation.

Tuesday's deadline ends the public window on the joint Treasury proposal that would treat permitted payment stablecoin issuers as Bank Secrecy Act institutions. Major banking groups asked regulators to halt the docket until the core GENIUS Act rules are written.

MARA Holdings disposed of nearly a third of its bitcoin treasury in Q1 to retire zero-coupon convertibles and fund a pivot toward AI infrastructure — and its 10-Q no longer describes the firm primarily as a miner.

BlackRock used the last day of the OCC's GENIUS Act comment window to demand the regulator scrap a proposed limit on how much of a stablecoin's reserves can be held in tokenised form. BUIDL backs more than 90 per cent of two of the largest crypto-native dollar tokens.

Bitmine Immersion Technologies disclosed on May 4 that it acquired 101,745 ether last week, taking its treasury to 5.18 million ETH and pushing total holdings to $13.1 billion. Chairman Tom Lee used the announcement to declare that crypto spring had commenced.

Patrick Witt, Trump's new digital-assets adviser, told the Bitcoin 2026 conference in Las Vegas that the White House is preparing a 'big announcement' on the US Strategic Bitcoin Reserve within weeks — without specifying what it will contain.

The stablecoin issuer blocked two TRON wallets holding a combined $344 million after OFAC designated them as part of Iran's sanctions-evasion network. Treasury Secretary Bessent called it part of a broader campaign to cut off Tehran's financial lifelines.

A joint proposed rule from FinCEN and OFAC would require permitted stablecoin issuers to run full AML programmes, screen every transaction against the SDN list, and face strict-liability penalties for failing to freeze sanctioned funds. Comments are due by 9 June.

The US Treasury will share the same cyber-threat intelligence it distributes to traditional banks with qualifying crypto exchanges, custodians and wallet providers, in an admission that digital assets are now inside the perimeter of core financial infrastructure.

The Treasury Secretary and Fed Chair convened an urgent meeting this week with the chiefs of Citigroup, Morgan Stanley, Bank of America, Wells Fargo and Goldman Sachs to warn that Anthropic's new Mythos model can identify and exploit software vulnerabilities at a speed and cost the current defensive stack was never designed to resist. For crypto, the implications are sharper still.

FinCEN and OFAC jointly proposed rules that would treat permitted stablecoin issuers as financial institutions under the Bank Secrecy Act for the first time, imposing anti-money laundering programmes, suspicious activity reporting, and sanctions compliance obligations.

The Treasury Department has issued an 87-page notice of proposed rulemaking establishing how state-level stablecoin regimes can qualify as 'substantially similar' to the federal framework under America's first crypto law.

Compound Finance launched Compound Treasury, offering institutions institutional-grade access to DeFi vault strategies with simplified interfaces and enterprise security standards.