Hsu was part of the Fed's bank supervision division. Brooks, now CEO of Binance.US, pushed crypto-friendly rules while in D.C.
Rosie Rios was the 43rd treasurer of the United States, serving under the Obama administration from 2009 to 2016.
The nonprofit said FinCEN's proposed rule "represents a radical extension of ... financial surveillance of innocent Americans."
The anti-money laundering watchdog said it is confident the industry will be able to implement the data sharing requirements by June.
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.
Critics of the rule said it would be technically impossible for some projects to comply because smart contracts and author-decentralized tools do not have name or address information to provide.
The Financial Crimes Enforcement Network wants U.S. persons who hold crypto in offshore accounts to report holdings over $10,000.
FinCEN has proposed requiring exchanges to collect and report KYC information on unhosted wallets for transactions up to $10,000.
FinCEN has posted a pair of job listings for crypto policy advisers amid rumors that new regulations around wallets will arrive soon.
The Treasury Department wants state and federal regulators to keep a vigilant watch on digital asset innovation.
Former CFTC Chair Gary Gensler, who's leading Joe Biden's financial oversight team, may be tapped as Deputy Treasury Secretary.
Janet Yellen wasn’t a fan of bitcoin when she ran the Fed. Her views as Treasury Secretary may shape crypto regulation over the next four years.
Former Fed Chair Janet Yellen is expected to be tapped to run the Treasury Department, where she would oversee federal agencies that impact crypto.
“It’s something we’re studying … [T]his is really a decision which sits as much with the Fed as it does with Treasury,” said Deputy Secretary Justin Muzinich.
The U.S. Office of Foreign Asset Control has sanctioned four Chinese residents, claiming they helped launder drug proceeds using bitcoin.