US Treasury Department

The U.S. Treasury Department has decided to extend the suspension of sanctions on Russian oil shipments in an effort to alleviate oil shortages caused by the Iran war, contrary to the earlier stance of Secretary Scott Bessent. US Extends Russian Oil Sanctions Suspension The Treasury Department...

The Treasury Department has launched Operation "Economic Fury" against Iran, Defense Secretary Pete Hegseth said on Thursday, describing it as a move designed to escalate economic pressure on the Iranian government. During a war press briefing, Hegseth urged Iran to “choose wisely”,...

The U.S. Treasury Department sounded an alarm on non-fungible tokens, deeming the blockchain-based assets highly susceptible to use in fraud and scams.  What Happened: In a new NFT Illicit Finance Risk Assessment report released on Wednesday, the Treasury noted that loopholes in the asset class...

The U.S. Treasury Department's sanctioning authority has imposed restrictions on three individuals from North Korea for their involvement with the Lazarus Group, a notorious North Korean cyber-espionage team held responsible for numerous cryptocurrency thefts. What Happened: U.S. officials...

Nellie Liang, the U.S. Treasury Department's undersecretary for domestic finance, said that she does not believe the digital assets sector should be blamed for the recent collapses of SVB Financial Group's (NASDAQ: SIVB) Silicon Valley Bank and Signature Bank (OTC: SBNY)....

Non-fungible token (NFT) marketplace OpenSea has started to delist Cuban artists and users in order to comply with U.S. sanctions. "Our terms of service explicitly prohibit sanctioned individuals, individuals in sanctioned jurisdictions, or services from using OpenSea," a spokesperson for...

European Central Bank President Mario Draghi defended the bank's recent rate cut at a talk in Germany this week, saying that the bank acted in the best interest of the eurozone as a whole. Germans have been increasingly dissatisfied with the bank's decisions, saying help to struggling eurozone...