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Treasury
Proposed UK Rules Will Make Advertising Crypto a Lot Harder, Industry Warns
Industry members are sounding the alarm on a proposed measure to require crypto service providers to comply with local advertising rules, which could add an additional layer of authorization to an already complex process.

Crypto Oversight Remains Unclear Despite Biden’s Executive Order
The series of reports from the Treasury Department provided rather limited clarification on what the Biden administration and regulators intend to do about digital assets. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses what this means for the construction of a regulatory framework.

US Treasury Sanctions Russian Paramilitary Group Crowdfunding Ukraine War With Crypto
“Task Force Rusich” raised thousands of dollars in crypto to resupply soldiers fighting in Ukraine.

With New Prime Minister, UK Still Wants to Be Crypto Hub: Treasury Official
Economic Secretary Richard Fuller took part in a parliamentary debate on digital assets two days after Liz Truss was officially named the country's prime minister.

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.
