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Treasury Department
Trump's Treasury Secretary Bessent Approved, Likely Tackling Taxes Before Crypto
The new Treasury Department chief didn't bring up crypto policy at his nomination hearing, but he'll have enormous reach into topics vital to the industry.
Trump Treasury Pick Bessent Opposes Idea of U.S. Central Bank Digital Currency
Scott Bessent, who is immersed in the Senate confirmation process as President-elect Donald Trump's Treasury secretary nominee, only addressed crypto briefly.
Brian Nelson: Leading the Charge Against Tornado Cash
As a U.S. Treasury official, Nelson went after the asset mixing service in a consequential case for the crypto sector that came to a head in 2024.
Tornado Cash Sanctions Overturned by U.S. Appeals Court; TORN Soars Over 500%
The decision answers the controversial debate over whether the crypto-mixing service, which anonymizes transactions, can be banned for its use by criminals.
Crypto Gains Let Poor People Buy Houses, U.S. Research Finds, But Risks May Lurk
The Treasury Department's research arm was looking for dangers in crypto households amping up their debt, but they found people buying houses with few problems.
Plan a Crypto Mine Near a U.S. Military Base? Expect a Bigger Hassle Now.
The U.S. Treasury Department issued a rule promising extra scrutiny for businesses near military sites, having already targeted a Chinese-backed crypto operation by a Wyoming missile base.
U.S. Treasury Advisory Panel Says Tokenization Could Be Big, But May Need Central Control
The outside group of Wall Street leaders that guides the Treasury's debt management, the Treasury Borrowing Advisory Committee, shared views on tokenized debt and warned about Tether.
Crypto Ghosted in U.S. Treasury Department's New Strategy on Financial Inclusion
The report touts strategies to connect people with financial tools, but the only mention of crypto refers to its risks – a contrast to Kamala Harris' positive tone on the campaign trail.
U.S. Senators Question Justice Department's Pursuit of Crypto Mixers
Senators from both parties, Cynthia Lummis and Ron Wyden, questioned the use of money-transmitter laws in cases such as those against Samouri Wallet and Tornado Cash.
U.S. SEC Asking for More Millions, Dozens of Lawyers to Beef Up Crypto Oversight
The securities regulator, Treasury Department and U.S. derivatives watchdog are all hoping to get more funding to deal with new duties policing the digital assets sector.
