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Treasury
3% Tax on Crypto Transfers Part of Kenya's Proposed Budget: Bloomberg
The nation's budget will be presented on June 8.

Rep. McHenry Questions Regulators on SVB Collapse
U.S. Rep. Patrick McHenry (R-N.C.) questions U.S. Treasury Undersecretary For Domestic Finance Nellie Liang, Federal Reserve Vice Chair for Supervision Michael Barr, and Federal Deposit Insurance Corporation (FDIC) Chairman Martin Gruenberg on Silicon Valley Bank's collapse during a House Financial Services Committee hearing on Wednesday.

Australia's Treasury and Reserve Bank Held Consultations With Coinbase, Others
Private meetings have been held this week around the Treasury's token mapping consultation paper.

Crypto Observers Look to Treasury Yields for Cues as Bitcoin Remains Comatose
BTC may struggle to maintain current valuations if the U.S. government bond yields extend the February rally, one trading firm said, although the yields have started to pull back.

Explaining the Disconnect Between Bitcoin and Treasury Yields Post-US Inflation Data
Bitcoin and technology stocks rose Tuesday even as a hotter-than-expected U.S. CPI figure revived Fed angst and lifted Treasury yields.

Australia Releases Token Mapping Consultation Paper, Plans to Reveal Crypto Rule Framework in 2023
The move was announced in August by Prime Minister Anthony Albanese's new government .

Binance Named as Counterparty in FinCEN Order Against Bitzlato
Bitzlato is accused of laundering $700 million by U.S. authorities.

Why DAOs Need to Adopt a 2-Treasury System
Blockchain infrastructure companies are trying to solve two complex and expensive problems: building sustainable protocols and dynamic ecosystems.

Australia Moves to Tighten Safety Around Crypto in 2023
Australia's Treasury has invited feedback for a consultation paper that will include a framework for regulating crypto service providers.

Proposed UK Rules Will Make Advertising Crypto a Lot Harder, Industry Warns
Industry members are sounding the alarm on a proposed measure to require crypto service providers to comply with local advertising rules, which could add an additional layer of authorization to an already complex process.
