Treasury
Crypto’s Interest in Rates
U.S. interest rates are back on the rise, but digital assets appear to be unaffected.

Australia Senate Committee Rejects Crypto Bill From Opposition Senator Andrew Bragg
Bragg said the Labor government had put regulating crypto in the slow lane.

Sweeping U.S. Tax Proposal Met With Boos From Crypto World
Minutes after the U.S.’s long-awaited proposal for taxing crypto gains went public, objections erupted from those tied to decentralized operations counted as “brokers.”

Australia Acts on De-Banking of Crypto Entities, Supports Policy Recommendations to Tackle Issue
The government's choice to make its position clearer on de-banking comes hours after Blockchain Australia, the nation's industry body made a fresh commitment to minimize scams.

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 .

