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US Republican lawmakers call on Treasury to explain recent cyber breach
3.1.2025
Two congressional Republicans are calling for a briefing from the Treasury Department about the recent cyber breach by an alleged China-backed hacker
Ending the Treasury Department’s Regulatory Overreach on Crypto Mixer Tornado Cash
6.12.2024
The Fifth Circuit's decision is a victory for privacy, financial freedom, and the rule of law, says Zack Smith, senior legal fellow at The Heritage Foundation
Vitalik Buterin Donated $1M in Ether to Coin Center Hours After Tornado Cash Victory
27.11.2024
Vitalik Buterin donated 30 ETH, worth just over $1 million, to Coin Center on Tuesday night.The donation came hours after a Coinbase-backed suit challenging U.S. sanctions against Tornado Cash won an appeals court victory.Coin Center is pursuing its own lawsuit against the Treasury Department's...
Tornado Cash Sanctions Overturned by U.S. Appeals Court
27.11.2024
A U.S. federal appeals court has delivered a major legal victory to the crypto sector by throwing out the U.S. Treasury Department's earlier effort to directly sanction crypto mixing service Tornado Cash.The court found that the government didn't have the proper tools to include the actual...
Crypto Gains Let Poor People Buy Houses, U.S. Research Finds, But Risks May Lurk
26.11.2024
The U.S. Treasury Department's researchers were watching out for crypto risks, but they found digital assets enthusiasts with otherwise low incomes were buying homes in recent years at a high rate.The high-crypto, poor areas have apparently used crypto gains to obtain mortgages and car loans,...
Plan a Crypto Mine Near a U.S. Military Base? Expect a Bigger Hassle Now.
1.11.2024
Foreign real estate deals near sensitive U.S. military bases will get more government scrutiny under a new rule from the U.S. Department of the Treasury that has emerged after President Joe Biden ordered a China-tied crypto mining operation beside a Wyoming nuclear missile base shut down earlier...
U.S. Treasury Advisory Panel Says Tokenization Could Be Big, But May Need Central Control
30.10.2024
The U.S. Treasury Department's panel of Wall Street advisers see the tokenization of U.S. debt and other assets providing some significant potential advances, the group contended in a new report – while also envisioning an inevitable need for the kind of heavy central hand that may rankle...
Crypto Ghosted in U.S. Treasury Department's New Strategy on Financial Inclusion
29.10.2024
The U.S. Treasury Department has a new strategy for financial inclusion to help people get access to the financial system, but the 35-page report references cryptocurrency only once – to tout Treasury's work on flagging the industry's hazards
Unsubstantiated Tether investigation report shakes crypto market
25.10.2024
“Old noise” may be a new name for FUD, as Tether defends itself from a report in The Wall Street Journal about US government investigations
Unsubstantiated Tether investigation report shakes crypto market
25.10.2024
“Old noise” may be a new name for FUD, as Tether defends itself from a report in The Wall Street Journal about US government investigations
Unsubstantiated Tether investigation report shakes crypto market
25.10.2024
“Old noise” may be a new name for FUD, as Tether defends itself from a report in The Wall Street Journal about US government investigations
US sanctions Russian crypto platforms for money laundering ties
26.9.2024
Two crypto exchanges and two individuals have been sanctioned for ties to underground finance
US Senators Flooded With 2,200 Letters Advocating Bitcoin as Strategic Reserve
3.8.2024
U.S. senators received over 2,200 letters within 48 hours advocating for Senator Cynthia Lummis’ bill to make bitcoin a strategic reserve. The bill proposes the U.S. government acquire a significant bitcoin reserve to bolster the U.S. dollar and pay down national debt, aiming to position...
U.S. Treasury Issues Crypto Tax Regime For 2025, Delays Rules for Non-Custodians
28.6.2024
The IRS has now set up its reporting system for crypto brokers, but it set aside related rules for DeFi and unhosted wallets as it continues to study 44,000 comments to the agency
Mexican Cartels Using BTC, ETH, USDT, Other Tokens to Buy Fentanyl Ingredients: U.S.
20.6.2024
Criminal organizations in Mexico have been using several popular digital assets to buy the materials needed to make the drug fentanyl, according to the U.S. Treasury Department's Financial Crimes Enforcement Network (FinCEN), which cited the use of bitcoin and other tokens in a Thursday advisory
In Conversation With Brian Nelson
12.6.2024
Last October, the Financial Crimes Enforcement Network (FinCEN) – the U.S. Treasury Department's money laundering watchdog – announced a proposal to label crypto mixers as a "primary money laundering" concern, a move that alarmed a broad swath of the crypto industry. Treasury Under Secretary...
U.S. Treasury Isn’t Trying to Ban Crypto Mixers, Top Official Says
30.5.2024
FinCEN’s 2023 proposal to require crypto companies to report transactions that involved mixing is about transparency, not banning mixers, said Brian Nelson, U.S. Treasury undersecretary
U.S. Treasury Says It Wants to Better Money Laundering Regulations Around Crypto, Other Illicit Finance
16.5.2024
The U.S. Treasury Department wants to continue beefing up anti-money laundering and counter-terrorist financing efforts around digital assets, as part of its broader strategy to tamp down on illicit financing
U.S. Senators Question Justice Department's Pursuit of Crypto Mixers
13.5.2024
A bipartisan pair of U.S. senators is questioning Attorney General Merrick Garland about the "unprecedented interpretation" of law the Department of Justice (DOJ) is using to pursue cryptocurrency software services as unlicensed money-transmitting businesses
White House Plans to Nominate CFTC Commissioner Johnson for Treasury Position
10.5.2024
According to reports, the US Treasury Department's top position involving bank supervision would be filled by the nomination of Kristin Johnson, a commissioner at the Commodity Futures Trading Commission (CFTC), by the White House.
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