Tag: Treasury

Paulson Warns of Vicious Treasury Crash, Urges Emergency Plan

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Former Treasury Secretary Henry Paulson has urged US authorities to prepare a contingency plan for a potential future collapse in demand for US Treasurys, warning that the fallout would be “vicious.” “We need an emergency break-the-glass plan, which is targeted and short-term, on the shelf, so it’s ready to go when we hit the wall,” Paulson told Bloomberg in an interview on Thursday. “People say, when are you going to hit the wall? I obviously don’t know, it’s impossible to know. When we hit it, it will be vicious, so…

US Treasury completes $15B debt buyback amid declining foreign demand

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The U.S. Treasury completed a $15 billion debt buyback amid declining foreign demand for Treasuries, and the Polymarket “Cut–Pause–Pause” scenario for Fed decisions from January to April now sits at 48% YES, with pressure mounting on the Fed to hold steady. Market reaction Markets are treating the Treasury’s move as more than a routine operation. It looks like a fallback measure driven by declining international confidence in U.S. debt. The Fed Decisions from January to April market at 48% YES shows increased skepticism about near-term rate cuts. Geopolitical tensions and…

US Treasury vows economic pressure on Iran, dims hope for sanction relief

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US Treasury Secretary Scott Bessent announced plans to use all economic tools against those backing Iran’s “terrorist activities,” following discussions with Britain’s finance minister. The market for Trump agreeing to Iranian oil sanction relief by April sits at 42.5% YES, up from 28% a week ago. Bessent’s hardline stance is moving prediction markets. The US-Iran diplomatic meeting market shows increased skepticism, with odds for no meeting by June 30 rising slightly. The oil sanction relief market has ticked up recently, but Bessent’s statement points toward continued resistance to easing sanctions.…

Europe Bitcoin Treasury Model Won’t Mirror Strategy: PBW 2026

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European companies exploring Bitcoin treasury strategies are unlikely to replicate the playbook pioneered by Michael Saylor’s Strategy, according to industry executives, who pointed to structural differences between US and European capital markets. Speaking at Paris Blockchain Week 2026, Thomas Vogel, a partner in the Paris and Frankfurt offices of Latham & Watkins, said the constraints on issuing financial instruments in Europe differ significantly from those in the US, making a direct replication of the model difficult. “If you issue convertibles in the US, the constraints are not the same as…

US Fed, Treasury assess spillover risks from $1.8 trillion private credit

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US officials are ramping up scrutiny of the booming $1.8 trillion private credit sector as worries grow about market stress and possible spillover effects on the financial system. The Federal Reserve is gathering detailed exposure data from big US banks, while the Treasury Department is independently examining how much insurance companies are tied to private credit, Bloomberg reported Friday. After the 2008 global financial crisis pushed banks to pull back from riskier middle-market loans, asset managers stepped in. Blackstone, Blue Owl, KKR, and Apollo built large portfolios of direct loans…

Coinbase CEO Backs US Treasury Secretary‘s Push to pass CLARITY Act

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Brian Armstrong, the Coinbase CEO who withdrew the crypto exchange’s support for the Digital Asset Market Clarity Act in January, said “it’s time” for the legislation to pass after months of delays. In a Thursday X post, Armstrong said that Coinbase agreed with comments from US Treasury Secretary Scott Bessent in a recent Wall Street Journal op-ed, in which he urged Congress to act on the crypto bill soon. According to the CEO, the current version of the legislation, after months of negotiations between lawmakers and representatives from the crypto…

US Treasury To Give Crypto Industry Cybersecurity Intelligence at ‘No Cost’

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The US Department of the Treasury’s Office of Cybersecurity and Critical Infrastructure Protection (OCCIP) announced on Thursday that it is expanding its cybersecurity threat identification program to include digital asset companies. Blockchain companies that choose to take part in the program will receive the same cybersecurity threat intelligence provided to traditional financial institutions at “no cost,” according to the Treasury’s announcement.   “Cyber threats targeting digital asset platforms are growing in frequency and sophistication,” Cory Wilson, the deputy assistant secretary for cybersecurity at the OCCIP, said.  Losses from crypto hacks between…

US Treasury Moves Forward with GENIUS Act, Focusing on Illicit Finance

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Payment stablecoin issuers in the United States will be required to implement a regime targeting illicit finance under the proposed framework for the GENIUS Act. In a Wednesday notice, the US Treasury Department said its Financial Crimes Enforcement Network and Office of Foreign Assets Control (OFAC) had issued a joint proposed rule to implement provisions of the GENIUS Act, signed into law in July 2025.  The proposal would direct payment stablecoin issuers to establish and maintain an anti-money laundering (AML) and countering the financing of terrorism (CFT) program, maintain a…

SOL Strategies buys Solana privacy startup Darklake as it expands beyond treasury operations

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SOL Strategies said Tuesday it has signed a definitive agreement to acquire the assets of Darklake Labs, a Solana-native zero-knowledge startup, for $1.2 million, bringing privacy-focused execution technology and a new research team into the company. The consideration includes $200,000 in cash and $1 million in common shares, with the stock portion subject to a four-month lockup. Darklake developed Zyga, a zero-knowledge proof system built for Solana that is designed to enable private transaction execution while reducing front-running and sandwich attacks at the point of execution. SOL Strategies said Darklake…

Metaplanet Buys 5,075 BTC in Q1 to Become 3rd Largest Treasury

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Metaplanet said it acquired 5,075 Bitcoin during the first quarter of 2026 for around $405 million or about $79,898 per coin, making the company the third-largest publicly-listed Bitcoin treasury, according to Bitcoin Treasuries data. The Tokyo-listed company now holds a total of 40,177 Bitcoin (BTC) on its balance sheet, with an aggregate cost basis of roughly $4.18 billion and an average cost of $104,106 per coin, according to investor materials shared by chief executive Simon Gerovich. Metaplanet also reported a year-to-date BTC Yield of 2.8% for 2026, a company metric…