Treasury Under Secretary: U.S., Republic of Korea, Japan coordinate 'to combat the DPRK’s unlawful and destructive activities'

The U.S. Department of the Treasury recently sanctioned three Sinaloa Cartel operators, who are known as violent criminals, with the blocking and reporting of all their properties in the United States.

The U.S. Department of the Treasury's Office of Foreign Assets Control recently imposed sanctions on three entities for their involvement in a sanctions evasion network attempting to facilitate arms deals between Russia and the Democratic People's Republic of Korea.

In a recent podcast conversation, Michael Saylor of MicroStrategy shared his viewpoint that the involvement of major corporations in procuring and securely holding Bitcoin within their control shouldn't spark apprehension, according to a press release.

Confirmed through correspondence with a spokesperson from Binance, it has been affirmed that Binance Connect, the compliant division responsible for cryptocurrency buying and selling within the Binance exchange, is scheduled to terminate its operations on Aug. 16, according to a press release.

El Salvador President Nayib Bukele initially unsettled many in the financial world with his endorsement of Bitcoin; however, his current oversight of a surging bond rally has proven too enticing to resist. Exceptional returns of around 70% — the highest among emerging market dollar bonds this year — are luring investors who were once cautious or completely avoiding these securities, Bloomberg reported.

The U.S. Department of the Treasury and the Internal Revenue Service recently introduced final rules for the Low-Income Communities Bonus Credit initiative.

The U.S. Department of the Treasury's Office of Foreign Assets Control, along with the United Kingdom and Canada, is designating a former Lebanon central bank governor and associates for corrupt activities in Europe.

The U.S. Department of the Treasury's Office of Foreign Assets Control designated several state-level officials for encouraging the passage of a Republika Srpska National Assembly (RSNA) law that obstructs the implementation of the Dayton Peace Agreement.

U.S. Treasury Secretary Janet Yellen addressed the recent decision by Fitch to downgrade the U.S. credit rating, highlighting the country's strong economic recovery.

Members of the House Select Committee on the Chinese Communist Party (CCP), alongside Sen. Josh Hawley, R-Mo., introduced the "Dump Investments in Troublesome Communist Holdings Act" (DITCH) Aug. 1.

The U.S. Department of the Treasury's Office of Foreign Assets Control issued sanctions against three Malian government and military officials for facilitating the deployment and expansion of the Wagner Group Private Military Company and its activities in Mali.

On July 12, Judge Analisa Torres of the Southern District of New York determined that when sold to members of the public, Ripple's XRP token does not constitute an "investment contract" and therefore is not a security.

Treasury Secretary Janet Yellen praised the ongoing trade ties between the U.S. and Vietnam during the Bilateral Meeting with Minister of Finance Ho Duc Phuc July 21.

The Federal Reserve recently launched FedNow, an instant payment service that some experts are concerned will pave the way for a central bank digital currency (CBDC).

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) took action July 20, 2023, implementing sanctions on Russian entities to hinder their access to critical products and technology.