Crypto News
No Plan Yet to Sell Gold to Buy More Bitcoin, But Treasury Will Decide: David Sacks
Treasury and Commerce secretaries will explore buying more Bitcoin in a “budget neutral way,” but such conversations have not happened yet, says the White House's crypto czar.Source link
Sanctioned Russian Crypto Exchange Garantex Seized, Operators Charged With Money Laundering
Garantex, a Russian crypto exchange popular with ransomware gangs and darknet markets, has been taken down in an international law enforcement operation, according to a Friday announcement from the U.S. Department of Justice (DOJ).On Thursday, a coalition of law enforcement agencies from the U.S., Germany and Finland seized Garantex’s domains and servers, and froze nearly $28 million in crypto tied to the exchange with the help of stablecoin issuer Tether.The U.S. Treasury’s Office of Foreign Asset Control (OFAC) sanctioned Garantex in 2022, accusing the exchange of knowingly facilitating money laundering for ransomware actors, including Conti and Black Basta, and darknet markets like Hydra, which, before its 2022 shut down, was once the largest darknet market in the world.The sanctions had...
US Could Sell Gold, Tap Treasury Funds to Build Bitcoin Stockpile: Standard Chartered
President Donald Trump has several options for creating a Bitcoin reserve, according to one analyst.Source link
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Singapore Trade Minister: ‘Consumers Should Stay Clear of Cryptocurrencies’
The trade minister was responding to having been asked why the government has tightened regulations on exchanges.Source link