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Nalezeno "US Treasury Department": 160

US Senator Urges Congress to Stop Treasury From Picking Winners and Losers in Crypto

7.8.2021
U.S. Senator Pat Toomey has called on Congress to stop the Treasury Department from maximizing its ability to regulate and tax crypto by picking winners and losers. “Congress should not allow that to happen,” he said. US Senator Urges Lawmakers Not to Crush Crypto Innovation Following...

FinCEN Names Misuse of Cryptocurrencies a National Priority

4.7.2021
The Financial Crimes Enforcement Network (FinCEN) has named “cybercrime, including relevant cybersecurity and virtual currency considerations” a national priority. In particular, the Treasury is concerned about the “misuse of virtual assets that exploits and undermines their...

SEC Urges Congress to Pass Cryptocurrency Legislation to Protect Investors

28.5.2021
The U.S. Securities and Exchange Commission (SEC) has urged Congress to pass cryptocurrency legislation to protect investors, the new SEC chairman has revealed. The securities regulator is also working with the Commodity Futures Trading Commission (CFTC) and the U.S. Treasury Department to combat...

Biden Administration Looking to Increase Cryptocurrency Oversight to Protect Investors, Prevent Illicit Transactions

26.5.2021
The Biden administration is reportedly looking to increase oversight of the crypto market with the aim to protect investors and prevent illicit transactions. White House officials, lawmakers, and central bankers have had several meetings on cryptocurrency regulation amid recent price swings...

Indictment Order Issued Against Leaders of the Geek Group for Their Role Using BTC in an Illegal Money Transmission Business

6.3.2021
A U.S. District Court has indicted three individuals behind the now-defunct Geek Group for their role in running an illegal money transmission business that used bitcoin to move funds across states. According to the indictment documents, it was Christopher Allan Boden then president of the Geek...

BitPay to Pay $500K to Settle OFAC Sanction Violation Charges

18.2.2021
BitPay is accused of facilitating over 2,100 transactions with individuals in sanctioned nations

Senate Confirms Janet Yellen as US Treasury Secretary

25.1.2021
Yellen succeeds Steven Mnuchin in running the U.S. government’s treasury. Here’s what she will oversee in the crypto world

Biden Administration Reported to Be Lining up a Former Ripple Advisor as the Next Bank Regulator

22.1.2021
Micheal Barr, the former member of Ripple’s board of advisors, is set to become the United States’ next banking regulator, according to a report. A former assistant treasury secretary, Barr will become the second individual with crypto connections to lead the Office of Currency...

Janet Yellen Offers US Senate a More Nuanced Take on Crypto

21.1.2021
“I think we need to look closely at how to encourage their use for legitimate activities while curtailing their use for malign and illegal activities,” Janet Yellen wrote

The Relationship Between US Government Debt and Bitcoin, Explained

20.1.2021
Bitcoiners are looking for persistent USD inflation to validate their favorite asset. That’s unlikely to happen soon, economists say, but low interest rates are still a boon for BTC

Biden's Treasury Secretary nominee calls cryptocurrencies a 'particular concern' for AML

19.1.2021
Janet Yellen claimed many cryptocurrencies are used "mainly for illicit financing."

Janet Yellen Says Cryptocurrencies Are a ‘Concern’ in Terrorist Financing

19.1.2021
The U.S. should examine how it can curtail the use of crypto for illicit financing, the former Fed Chair said

US Treasury Department Lacks Power to Pass FinCEN Bill – Coin Center

8.1.2021
Statue of Albert Gallatin, the fourth Secretary of Treasury, in front of the Department of Treasury building in Washington, D.C. The controversial draft anti-money laundering/know-your-customer (AML/KYC) crypto compliance regulations proposed by the US Treasury Department and the Financial Crimes...

FinCEN Wants US Citizens to Disclose Offshore Crypto Holdings of $10K+

31.12.2020
The Financial Crimes Enforcement Network wants U.S. persons who hold crypto in offshore accounts to report holdings over $10,000

US Treasury Warns of Increasing Ransomware Campaigns Against Coronavirus Vaccine Research Institutions

31.12.2020
The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued a warning that alerts financial institutions in the United States about increasing ransomware attacks against coronavirus vaccine research organizations. US Treasury Warns of Ransomware Attacks, Phishing...

US Treasury Unveils Stifling Crypto Wallet Regulation — Experts Break Down the Rules

19.12.2020
The Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Treasury Department, has unveiled its proposed rules on transactions involving cryptocurrency wallets. Experts in the crypto community have weighed in on what the new proposed regulation means, what crypto owners should do,...

US Lawmakers Caution Against Regulations Restricting Use of Self-Hosted Crypto Wallets

12.12.2020
Four U.S. lawmakers have sent a letter to Treasury Secretary Steven Mnuchin, warning of the risks of restricting the use of self-hosted cryptocurrency wallets. Their concerns follow reports that the Treasury Department may be on the verge of imposing such strict cryptocurrency regulations aimed...