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Treasury Department
U.S. Treasury Debunks Narrative That Hamas Relied on Crypto to Fund Terrorism
The Treasury's top official on terrorism, Brian Nelson, said Hamas and other groups still prefer traditional financing, and crypto isn't figuring into their funding in a big way.
Bitcoin Favored in Human Trafficking, Child Exploitation: FinCEN Report
The Treasury's financial-crimes arm found that bitcoin was increasingly popular for use in trafficking of people and materials tied to child sexual abuse, though the data is from 2021.
Treasury Secretary Janet Yellen Warns of Crypto Risks
Yellen is set to tell U.S. lawmakers that the FSOC is especially wary of stablecoins and the potential for digital asset runs.
After Bitcoin ETF Decision, U.S. Debt Announcement May Be Pivotal for Crypto Traders
The Treasury's next quarterly debt announcement may not turn out as much a tailwind for risk assets as the previous one did.
Financial Regulators Reiterate Call for Legislation to Address Crypto Risks
The Financial Stability Oversight Council met Thursday, releasing a report detailing all of its concerns from the past year.
Stablecoins Such as Tether May Be in U.S. Sights, Top U.S. Treasury Official Warns
Wally Adeyemo, deputy secretary of the Treasury, said issuers outside the U.S. need to be forced to prevent abuse by terrorists.
‘We're Not Asking for Special Treatment’: Coin Center on the Proposed IRS Broker Rules
Peter Van Valkenburgh on why the crypto industry has responded with 120,000 comments to the controversial new tax regulations.
IRS 'Raided' by Crypto Investors as Industry Puts Up Fight Against U.S. Tax Proposal
The proposal to establish a U.S. tax regime for digital assets has drawn a stunning 120,000 comments and will be the focus of an IRS hearing today.
U.S. Sen. Warren Leads Lawmakers to Push Administration on Crypto-Backed Terrorism
In a letter to top U.S. security officials, 102 lawmakers demanded to know what the Treasury Department and others are doing to prevent the use of crypto to finance terrorism.
A Long-Awaited Crypto Tax Rule Was Written Months Ago. Why Isn’t it Proposed?
Senators have told the IRS to hurry its regulations on brokers reporting crypto transactions while crypto lobbyists question whether the delay is a White House strategy.
