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Tag: US Treasury

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US Treasury’s DeFi ID plan is ‘like putting cameras in every living room’

Critics warn the US Treasury’s push to embed ID checks into DeFi smart contracts could erode privacy and hollow out permissionless finance. The US Treasury is exploring whether identity checks should be built directly into decentralized finance (DeFi) smart contracts, a move critics warn could rewrite the very foundations of permissionless finance. Last week, the…
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US Treasury’s Bessent backpedals: Bitcoin buying still possible

US Treasury Secretary Scott Bessent clarified that the department was exploring budget-neutral ways to buy Bitcoin, contradicting an earlier comment that tanked the market. US Treasury Secretary Scott Bessent clarified that his department was still exploring budget-neutral ways to buy Bitcoin for the Strategic Bitcoin Reserve, in contrast with a recent comment suggesting it was…
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Crypto startup launches tokenized US Treasury bonds on Bitcoin layer-2s

The new tokenized assets offer the stability of the Bitcoin network with admirable yield. Crypto startup Hamilton has launched tokenized United States Treasury bonds on Bitcoin layer-2 blockchains. The company claims the launch is the first of its kind. Hamilton U.S. T-Bills (HUST) will be available on the Stacks, Core and BoB (Build on Bitcoin)…
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