US Treasury

According to reports, Assistant Secretary of the Treasury Elizabeth Rosenberg stated that the Treasury is strengthening its regulatory system and DeFi should plan for some complian

According to reports, according to Punchbowl, the US Republican Party has proposed raising the debt ceiling by $1.5 trillion or extending it until March 31 next year.
US Republican

On April 17th, it was reported that the US Treasury\’s TGA (Treasury General Account) account at the Federal Reserve has fallen below the $100 billion threshold, and has continued t

21:00-7:00 Keyword: SignatureBank, Filecoin, US Treasury, Shapella upgrade Overview of important developments overnight on March 15 Analysis based on this information:SignatureBank, the New York-based commercial bank, is exploring the potential of Filecoin, a decentralized file storage system, for the US Treasury’s Shapella upgrade. The Shapella system is used by the Treasury to track and manage electronic filing of tax returns. The upgrade, which is expected to go live in May 2022, aims to improve the processing speed and security of the system. According to SignatureBank, Filecoin offers several advantages over traditional cloud storage solutions that make it an attractive option for Shapella. First, Filecoin allows for decentralization of data storage, meaning that files can be distributed across multiple nodes in the network. This increases the security of the stored data, as there is no single point of failure that can be targeted by hackers. Second, Filecoin operates on a pay-per-use basis, meaning that the Treasury will only need to pay…

On March 13, Tether Chief Technology Officer Paolo Ardoino tweeted that Tether had no exposure to Signature Bank. According to the previous news, Signature Bank was closed by New York State regulators on Sunday. The Federal Reserve, the FDIC and the US Treasury issued a joint statement saying that all savers who use Signature will be compensated. Tether CTO: Tether has no exposure to Signature Bank Analysis based on this information:Recently, Tether Chief Technology Officer Paolo Ardoino tweeted that Tether had no exposure to Signature Bank. Reports had emerged that the bank was closed by New York State regulators on Sunday. Ardoino’s tweet seems to imply that Tether has no reason to be concerned about the situation. However, the situation at Signature Bank is not without its silver lining. The Federal Reserve, FDIC, and US Treasury have issued a joint statement saying that all savers who use Signature Bank will be compensated. This move is likely to restore confidence among…

7:00-12:00 Key words: US Treasury, Silicon Valley Bank, Circle, Federal Reserve Summary of important developments at noon on March 12 Analysis based on this information:The US Treasury recently partnered with Silicon Valley Bank and Circle to enhance the speed and efficiency of financial systems used by the Federal Reserve. The partnership aims to incorporate digital payments into the existing infrastructure, to ensure that more individuals and businesses can access the financial system seamlessly. The Silicon Valley Bank is a financial institution that specializes in offering services to technology startups, venture capitalists, and private equity firms. It is considered one of the largest banks globally, with operations across the United States, the United Kingdom, China, India, and Israel. Circle, on the other hand, is a stablecoin and cryptocurrency firm that offers a range of products aimed at promoting financial inclusion. The partnership between the three entities intends to promote innovation, improve the speed and efficiency of payments processing, and enhance financial…

According to reports, MEV Watch data shows that the proportion of Ethereum blocks meeting the compliance requirements of the Office of Foreign Assets Control (…