The request for comment follows three reports from the Treasury discussing the future of payments, the impact crypto could have on consumers, and preventing crypto-related financial crime. Treasury Asks Public...
Treasury Secretary Janet Yellen said that while there are risks to digital assets, there could be significant opportunities. Treasury Shares Crypto Reports Six months after President Biden signed an executive...
Six people who used Tornado Cash for legitimate reasons had their funds frozen after the U.S. Treasury sanctioned the protocol. Theyre now filing a lawsuit, and Coinbase is funding them....
Coin Center has suggested that the Treasury's Office of Foreign Assets Control overstepped its legal authority and is weighing a legal battle. Sanctioning Tornado Cash Were just over a week...
The U.S. sanctions list has a new addition from the Ethereum ecosystem: Tornado Cash. Treasury Sanctions Tornado Cash The Treasury Department has banned Tornado Cash. The government agency's Office of...
The infamous Infrastructure Bill put the IRS in a difficult situation. The bill gave the organization incredible fund tracking superpowers. The thing is, the measurements were impossible to enforce. Now, Bloomberg...
The White House is stepping in. Started at the bottom, now we’re “a matter of national security.” According to Barrons and...
Yellen succeeds Steven Mnuchin in running the U.S. government’s treasury. Here’s what she will oversee in the crypto world.
“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 U.S. should examine how it can curtail the use of crypto for illicit financing, the former Fed Chair said.
Reps. Warren Davidson, Tom Emmer, Ted Budd and Scott Perry urged Steven Mnuchin to rethink his rumored self-hosted wallet regulations in an open letter Wednesday which warned such rules might "crush a nascent industry."
Coinbase CEO Brian Armstrong publicly voiced concern that the outgoing Trump Administration may ram through onerous new data-collection requirements for crypto exchanges.
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