U.S. Treasury — Crypto News

Bitcoin.com reports a broad pullback in stablecoin capitalization alongside contracting tokenized U.S. Treasury funds.

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A large long-dated Treasury auction is approaching as weak debt demand and Bitcoin’s leveraged correction raise scrutiny on financial conditions.

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Circle has shifted the assets backing its USYC fund into longer-dated US Treasury bills while maintaining USDC subscriptions and redemptions.

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FinCEN alleges MEXC Global facilitated at least $16 billion in transactions linked to illicit activity and is moving to cut the platform off from US banks.

Users of MEXC-linked addresses reportedly encountered deposit restrictions on OKX after a U.S. Treasury blacklist targeting MEXC.

The Treasury action targets eight Canadian money services businesses accused of violating Iran-related sanctions, according to two crypto outlets.

OKX tightened compliance checks for customers moving funds from MEXC following a U.S. Treasury order linked to more than $16 billion in alleged illicit transactions.

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Users of Binance, OKX and Gate reported delayed MEXC-linked deposits following U.S. action targeting suspected illicit activity.

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US authorities sanctioned 45 people and companies linked to Prince Group, widening pressure on an alleged fraudulent finance network.

FinCEN sanctioned MEXC Global, restricting the exchange’s access to US financial institutions over alleged sanctions-related activity.

Bitcoin Sistemi reports that the Treasury Department barred MEXC Global from the US financial system over alleged sanctions-circumvention activity.

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The agencies withdrew a proposal that would have extended transfer-data collection to international crypto transactions valued at $250 or more.

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Tether CEO discloses the company holds approximately 150,000 BTC, valued at over $3.1 billion at current prices.

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