treasury
US Treasury Secretary Scott Bessent Sounds Alarm on "Scary" National Debt Trajectory, Rejects Central Bank Digital Currencies
WASHINGTON, D.C. — In a stark assessment before a congressional committee on Tuesday morning, United States Treasury Secretary Scott Bessent warned lawmakers that the nation is careening down an unsustainable fiscal path. Testifying in defense of the White House’s proposed 2026 federal budget requests, Bessent did not mince words regarding the nation’s mounting liabilities, painting […]
Strive Accelerates Corporate Bitcoin Accumulation, Surpassing 26,355 BTC in Latest Treasury Expansion
Global News Desk Edited by Samuel Rae TL;DR Massive Acquisition: Strive has expanded its corporate treasury holdings by an additional 1,355 BTC, bringing its total reserves to 26,355 BTC. Significant Capital Deployment: According to an official Securities and Exchange Commission (SEC) filing on September 21, the recent batch of Bitcoin was acquired at an average […]
BlackRock Enters Stablecoin Infrastructure Arena with New Regulatory-Compliant Treasury Fund
In a landmark move that signals the further institutionalization of the digital asset ecosystem, BlackRock—the world’s largest asset manager with over $10 trillion in assets under management—has officially launched the BlackRock Select Treasury Based Liquidity Fund (BSTBL). This strategic initiative is designed to provide a robust, regulatory-compliant reserve management solution specifically tailored to the burgeoning […]
Treasury Nominee Scott Bessent Rejects Digital Dollar: Why the Trump Administration is Slamming the Door on a US Central Bank Digital Currency
WASHINGTON — In a definitive policy stance that aligns closely with the incoming administration’s broader economic vision, President-elect Donald Trump’s nominee for Treasury Secretary, Scott Bessent, has firmly dismissed the necessity of a United States Central Bank Digital Currency (CBDC). Testifying before the Senate Finance Committee during his high-stakes confirmation hearing, Bessent argued that a […]
U.S. Treasury Escalates Crackdown on Iranian Crypto Infrastructure, Sanctioning Digital Asset Exchange BitBank
By the News Desk | Edited by Samuel Rae Source: U.S. Department of the Treasury / Office of Foreign Assets Control (OFAC) Executive Summary: The Rising Pressure on Digital Asset Networks In a decisive escalation of its ongoing campaign to disrupt the financial lifelines of the Iranian government, the United States Department of the Treasury […]
US Treasury Secretary Sounds Alarm on "Scary" National Debt Trajectory, Dismisses Central Bank Digital Currencies
WASHINGTON, D.C. — In a stark warning that underscores growing anxieties over the long-term health of the American economy, US Treasury Secretary Scott Bessent has declared that the nation must urgently pivot away from its current fiscal trajectory. Testifying before a House committee regarding the White House’s 2026 budget requests, Bessent characterized the government’s mounting […]
The Dawn of the Regulatory Era: Treasury Opens Public Consultation on the Landmark GENIUS Act
The landscape of digital finance in the United States is undergoing a seismic shift. Following the historic enactment of the GENIUS Act—a piece of legislation championed by the Trump administration to solidify the U.S. dollar’s dominance in the digital age—the Department of the Treasury has officially opened the floor for public discourse. As the implementation […]
BlackRock Enters the Stablecoin Era: Asset Management Titan Launches Regulatory-Compliant Treasury Fund
In a landmark move that signals the deepening convergence between traditional finance (TradFi) and the burgeoning digital asset ecosystem, BlackRock—the world’s largest asset manager with over $10 trillion in assets under management (AUM)—has officially launched the BlackRock Select Treasury Based Liquidity Fund (BSTBL). This new vehicle is specifically engineered to cater to the explosive growth […]
The Great Bitcoin Miner Capitulation of 2026: Inside the Record-Breaking Sell-Off and Treasury Shift
By Financial Markets Desk Published: April 2026 Main Facts The global Bitcoin mining industry is facing one of the most punishing environments in its history. As of early 2026, approximately 20% of all active mining operations worldwide are running at a net financial loss. This stark reality has triggered a wave of distress across the […]
BitMine’s $73M Ethereum Treasury Play Tests the Limits of Corporate Crypto Exposure
By the News Desk | Edited by Samuel Rae Reference: SEC Filings (CIK: 0001829311) Main Facts In a decisive move that highlights the ongoing evolution of corporate treasury management, BitMine Immersion Technologies has significantly expanded its digital asset footprint. According to an official Securities and Exchange Commission (SEC) filing submitted on July 16, the company […]
