US Treasury
Treasury Secretary Yellen: US CBDC Would Require Years of Development, Not Months
In her first speech on digital assets, Treasury Secretary Janet Yellen highlighted several lessons she believes apply to the Treasury's work on digital assets: how the financial system "benefits from responsible innovation," how regulation needs to keep up with innovation, how rules should focus on the risks of activities rather than technologies and more.
US Treasury Prohibits Transactions With Russia's Central Bank
The Office of Foreign Assets Control (OFAC) has also sanctioned the Russian Direct Investment Fund.
Market Wrap: Bitcoin Leverage Costs Get Cheap, Ether Volatility Jumps
BTC had climbed from $35,709 to as high as $42,441. Then the slide started.
Democracy Demands a Say in the Future of Money
The U.S. Treasury’s decision to impose know-your-customer rules to private cryptocurrency wallets is flawed in more ways than one.
Hong Kong’s National Security Law Could Threaten Local Crypto Brokerages
The U.S. sanctions on financial institutions in Hong Kong could put the city’s growing crypto brokerage businesses in jeopardy.
Mnuchin 'Fine' With Libra Launch, But Crypto Project Must 'Fully' Comply With AML Rules
Steven Mnuchin, secretary of the U.S. Treasury, has no issue with the launch of the Facebook-led Libra project – as long as financial rules are followed to the letter.
Mnuchin's Number Two Says Private Cryptos Pose Threat to Government Power and Will Be Watched
The deputy secretary of the U.S. Treasury has raised the specter of a not-so-distant future when private digital currencies have stripped some of the power from governments. Policymakers will take a "hard look" at that, he said.
Facebook Libra, Other Cryptos Must Comply With US Rules: Treasury Official
Facebook's Libra and other cryptocurrencies operating in the U.S. must meet regulatory requirements to tackle financial crimes, the official said.
The Crypto Community Must Use the Blockchain to Self-Police
The everyday crypto user in the future is likely to spend time identifying illicit wallets and transactions to avoid, thanks to the U.S. Treasury.
US Treasury Official Calls for Global Crypto Regulation
The Treasury undersecretary has called for other nations to regulate cryptocurrencies to help protect the financial system and national security.
