U.S. Treasury Department

OCC

Fed Director Michael Hsu to Succeed Brian Brooks at OCC

Hsu was part of the Fed's bank supervision division. Brooks, now CEO of Binance.US, pushed crypto-friendly rules while in D.C.

News  ·  7 May 2021
XRP

Ripple Adds Former US Treasurer to Board of Directors

Rosie Rios was the 43rd treasurer of the United States, serving under the Obama administration from 2009 to 2016.

People  ·  4 May 2021
Surveillance

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."

News  ·  30 March 2021
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.

Policy & regulation  ·  25 February 2021
Bitcoin

The Relationship Between US Government Debt and Bitcoin, Explained

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.

Policy & regulation  ·  20 January 2021
FinCEN

FinCEN Extends Comment Period for Controversial Crypto Wallet Rule

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.

Policy & regulation  ·  14 January 2021
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.

News  ·  31 December 2020
FinCEN

US Floats Long-Dreaded Plan to Make Crypto Exchanges Identify Personal Wallets

FinCEN has proposed requiring exchanges to collect and report KYC information on unhosted wallets for transactions up to $10,000.

Policy & regulation  ·  18 December 2020
FinCEN

US Treasury Bulking Up Crypto Policy Advisers as Wallet Reg Rumors Swirl

FinCEN has posted a pair of job listings for crypto policy advisers amid rumors that new regulations around wallets will arrive soon.

Policy & regulation  ·  18 December 2020
Stablecoins

US Treasury Wants Regulators to Watch for ‘Potential Risks’ in Digital Asset Innovation

The Treasury Department wants state and federal regulators to keep a vigilant watch on digital asset innovation.

News  ·  4 December 2020
U.S. Treasury Department

Gary Gensler Under Consideration for Deputy Treasury Secretary Role: Report

Former CFTC Chair Gary Gensler, who's leading Joe Biden's financial oversight team, may be tapped as Deputy Treasury Secretary.

News  ·  25 November 2020
U.S. Treasury Department

In Her Own Words: Here’s What Janet Yellen Has Said About Bitcoin

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.

News  ·  24 November 2020
U.S. Treasury Department

Biden to Tap Former Fed Chair Janet Yellen as Treasury Secretary

Former Fed Chair Janet Yellen is expected to be tapped to run the Treasury Department, where she would oversee federal agencies that impact crypto.

News  ·  23 November 2020
CBDCs

‘It’s Something We’re Studying’: Deputy Treasury Secretary Discusses US CBDC Plans

“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.

Policy & regulation  ·  7 October 2020
Sanctions

US Agency Says Chinese Drug Traffickers Used Bitcoin to Launder Proceeds

The U.S. Office of Foreign Asset Control has sanctioned four Chinese residents, claiming they helped launder drug proceeds using bitcoin.

News  ·  17 July 2020