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Treasury
UK’s Truss Picks Kwasi Kwarteng to Be Finance Minister
Since 2021, Kwarteng has overseen the government’s business, energy and industrial strategy department, which has supported blockchain innovation.
Australia Starts Research Program to Explore Digital Asset Opportunities
The Assistant Treasurer and Minister for Financial Services Stephen Jones officially started the program Monday at the Australian Securities Exchange.
US Rep. Josh Gottheimer Proposes $3M Boost to Treasury’s Crypto Crime-Fighting Unit
The amendment would increase funding to the Treasury’s Office of Terrorism and Financial Intelligence for blockchain analysis tools, training and investigative support.
Rishi Sunak Resigns as UK Finance Minister
The now-former minister wanted the country to become a crypto hub and announced a number of plans for the digital sector in April.
US Treasury Official on the Travel Rule and Risks of Unhosted Wallets
Deputy Secretary Wally Adeyemo shares focuses of the agency’s regulatory efforts in the coming months, including unhosted crypto wallet rules, at Consensus 2022.
UK Regulator to Consider Terra Coins’ Collapse in New Crypto Rules: Report
Market instability in stablecoins will need to be taken into account, the FCA's executive director for markets said.
US Agencies Warn of Attempts by North Koreans to Get IT Jobs While Concealing Nationality
In many cases, these workers say they are U.S.-based and not North Korean teleworkers, and they often take on virtual currency projects.
Janet Yellen Calls Crypto ‘Transformative,’ Urges More Regulation to Reduce Risk
U.S. Treasury Secretary Janet Yellen delivered her first speech on digital assets Thursday. She said crypto is a “transformative” technology, and called for more regulation to reduce risks, among other remarks. “The Hash” panel unpacks Yellen’s landmark address and the implications for the U.S. crypto regulatory landscape.
US Sanctions Russia’s Hydra Darknet, Adds Over 100 Bitcoin Wallets to OFAC List
The move came alongside action by Germany, which earlier on Tuesday announced the shutdown of Hydra Market and seizure of $25 million in bitcoin.
