us treasury-department

Policy

Stablecoins

Janet Yellen Stresses Need for Central Bank Digital Currency Work

The U.S. Treasury Secretary also reiterated the need for regulation in light of the recent turmoil in the crypto industry.

By Helene Braun

Sponsored

Oct 13, 2022 at 3:35 p.m. UTC

Oct 13, 2022

StablecoinsCBDCRegulationJanet YellenUS Treasury Department

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Policy

Regulation

Crypto Think Tank Coin Center Sues US Treasury Over Tornado Cash Sanctions

Coin Center is backing a second lawsuit against the U.S. Treasury Department, alleging its sanctioning of Tornado Cash overstepped legal bounds.

By Nikhilesh De

Sponsored

Oct 12, 2022 at 4:44 p.m. UTC

Oct 12, 2022

RegulationCoin CenterOFACUS Treasury DepartmentSanctionsTornado Cash

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Podcasts

The breakdown

White House ‘Comprehensive Framework for Responsible Development of Digital Assets’ Is Neither Comprehensive nor a Framework

But it’s not as bad as it could have been.

By Nathaniel Whittemore

Sponsored

Sep 16, 2022 at 9:08 p.m. UTC

Sep 16, 2022

The BreakdownPodcastsexecutive orderUS Treasury DepartmentWhite House

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Policy

Regulations

Biden’s Executive Order Produces Few Answers in Crypto Reports From US Treasury

After six months, the federal government’s review of the crypto world hasn’t yet offered a road map for oversight, though it hinted at a federal regulatory structure and emphasized that a central bank digital currency may have serious support.

By Jesse HamiltonNikhilesh De

Sponsored

Sep 16, 2022 at 10:00 a.m. UTC

Sep 16, 2022

regulationsexecutive orderJoe BidenUS Treasury DepartmentCommerce Dept.White HouseUS

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Policy

Tornado cash

Crypto Engineers, Investors Sue US Treasury Over Tornado Cash Sanctions

The Treasury’s sanctions watchdog, OFAC, exceeded its authority in blacklisting smart contract wallets, six plaintiffs allege in a new suit.

By Nikhilesh De

Sponsored

Sep 8, 2022 at 1:17 p.m. UTC

Sep 8, 2022

Tornado CashCoinbaseOFACUS Treasury DepartmentLawsuit

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Policy

Regulations

New Fed Report Repeats Warning About Stablecoin Run Risks as UST Loses Peg

The Federal Reserve's biannual report came out on the same day Terra's dollar-pegged UST stablecoin fell below $0.85.

By Jesse Hamilton

Sponsored

May 9, 2022 at 9:51 p.m. UTC

May 9, 2022

regulationsFederal ReserveUS Treasury DepartmentTerraStablecoins

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Policy

Regulations

US Treasury Department Warns of NFT Risk in Art-Related Money Laundering

High-value art is particularly vulnerable to money laundering. The rapid growth of the NFT market presents new issues, according to a new study.

By Nikhilesh De

Sponsored

Feb 4, 2022 at 8:00 p.m. UTC

Feb 4, 2022

regulationsUS Treasury DepartmentArtNFTsMoney Laundering

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Markets

Fincen

Civil Liberties Group Calls FinCEN Crypto Wallet Rule 'Unconstitutional'

The nonprofit said FinCEN's proposed rule "represents a radical extension of ... financial surveillance of innocent Americans."

By Sebastian Sinclair

Sponsored

Mar 30, 2021 at 3:07 a.m. UTC

Mar 30, 2021

FinCENUS Treasury DepartmentSurveillanceUnhosted Wallets

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Policy

Fatf

FATF Says It Is Open to Amending Crypto Travel Rule Guidance

The anti-money laundering watchdog said it is confident the industry will be able to implement the data sharing requirements by June.

By Ian Allison

Sponsored

Feb 25, 2021 at 11:26 p.m. UTC

Feb 25, 2021

FATFUS Treasury DepartmentTravel Rule

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Markets

Fincen

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

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

By Danny NelsonNikhilesh De

Sponsored

Dec 31, 2020 at 9:52 p.m. UTC

Dec 31, 2020

FinCENUS Treasury DepartmentBank Secrecy Act

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