Search
Mnuchin ‘Fine’ With Libra Launch, But Crypto Project Must ‘Fully’ Comply With AML Rules
6.12.2019
Steven Mnuchin, secretary of the U.S. Treasury, has no issue with the launch of the Facebook-led Libra project – as long as financial rules are followed to the letter
US Government Worried Crypto Can Shift Power to Private Sector
28.11.2019
Cryptocurrency is one of the top issues for the U.S. Treasury. Particularly, the Treasury is worried decentralized cryptocurrencies can shift some functions away from the government to the private sector and raise the issue of self-government, according to Deputy Secretary of the Treasury Justin...
US Deputy Treasury Secretary: Crypto Raises Questions on Self-Government
22.11.2019
Digital currencies can shift some functions usually performed by the government to the private sector, the U.S. Deputy Treasury Secretary argued
Mnuchin’s Number Two Says Private Cryptos Pose Threat to Government Power and Will Be Watched
22.11.2019
The deputy secretary of the U.S. Treasury has raised the specter of a not-so-distant future when private digital currencies have stripped some of the power from governments. Policymakers will take a "hard look" at that, he said
The SEC Has Rejected Every Bitcoin ETF. This Firm Thinks It Has a Solution
7.11.2019
Wilshire Phoenix believes balancing funds between BTC and T-bills may convince the SEC that its bitcoin ETF proposal is better than the rest
US Treasury Agrees on Need to Observe Libra After Congressman’s Request
23.10.2019
The U.S. Treasury has agreed that there is a need to monitor Libra and the risks it may pose following a letter from Congressman Emanuel Cleaver
US Treasury to Monitor Libra Over Possible Financial Risks
23.10.2019
The Treasury Department has committed to monitoring the Facebook-led cryptocurrency project Libra alongside regulatory efforts by Congress
The Federal Reserve Makes a Big Move Into the US Treasury Bill Market
23.10.2019
The United States Federal Reserve is all set to wade into the US Treasury Bill market in a big way and could end up owning as much as 12% of the existing market. The estimates have been provided by forecasting firm Oxford Economics. Considering the current threats to the economy and dangers of...
The Fed Plans to Inject $60 Billion per Month Into the Economy
15.10.2019
On October 11, the U.S. Federal Reserve explained that it would inject more easing into the economy by purchasing Treasury bills at an initial $60 billion per month for the next two months. The purchasing rate could decrease or increase, but the central bank expects the easing plan to last until...
US Treasury Secretary Says Firms Left Libra Due to Compliance Issues
14.10.2019
Steven Mnuchin has said that Facebook’s forthcoming Libra stablecoin is not ready to comply with existing money-laundering standards
US Treasury Secretary: Regulatory Fears Forced Libra Exodus
14.10.2019
U.S. Treasury Secretary Mnuchin said backers of Facebook’s Libra withdrew from the project, fearing it would not meet regulatory standards
VERDAD is the Most Dangerous Crypto Bill to Face Congress Yet
19.9.2019
The U.S. Congress is considering more than 20 bills on cryptocurrency. One deserves special attention: S.1025, the Venezuela Emergency Relief, Democracy Assistance and Development Act (VERDAD). “Verdad” is Spanish for “truth.” If VERDAD passes, it will be the first time...
Litecoin Foundation to Hold Undisclosed Treasury Sum with Crypto Lender
18.9.2019
The Litecoin Foundation has tapped Celsius Network, a blockchain-based crypto lending program, to become its preferred crypto wallet
US Sanctions Three Alleged Crypto Hacking Groups from North Korea
16.9.2019
The U.S. Treasury mentioned cryptocurrency thefts as one of the reasons for the action against the Lazarus Group, Bluenoroff and Andariel
US Treasury: Non-Compliant Fintechs Won’t Survive the War on Terror
14.9.2019
Cryptocurrencies could become the next frontier in the war on terror, according to U.S. Treasury undersecretary Sigal Mandelker
US Treasury Sanctions North Korean Hacker Groups for Cyber Attacks
13.9.2019
The US Treasury announces sanctions against three North Korean state-sponsored hacker groups responsible for cyber attacks
Libra Must Comply with Anti-Money Laundering Standards: US Treasury
10.9.2019
Facebook’s Libra stablecoin must meet the highest Anti-Money Laundering and terrorism financing norms, according to a United States Treasury official
Facebook Libra, Other Cryptos Must Comply With US Rules: Treasury Official
10.9.2019
Facebook's Libra and other cryptocurrencies operating in the U.S. must meet regulatory requirements to tackle financial crimes, the official said
US Treasury Department Tightens Against Cryptocurrency Addresses Associated With Chinese “Drug Kingpins”
22.8.2019
The U.S. Treasury Department’s Office of Foreign Assets Control has enlisted three Chinese nationals and their cryptocurrency addresses, alleging they violated money laundering and drug smuggling laws. The United States Treasury Department has constituted different cryptocurrency addresses...
US Treasury Targets Crypto Addresses of Alleged Narcotics Traffickers
21.8.2019
The U.S. Treasury has blacklisted three Chinese citizens and their cryptocurrency addresses