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Plan a Crypto Mine Near a U.S. Military Base? Expect a Bigger Hassle Now.

[Nov 1 8:09 PM] Foreign real estate deals near sensitive U.S. military bases will get more government scrutiny under a new rule from the U.S. Department of the Treasury that has emerged after President Joe Biden ordered a China-tied crypto mining operation beside…

U.S. Treasury Advisory Panel Says Tokenization Could Be Big, But May Need Central Control

[Oct 30 8:42 PM] The U.S. Treasury Department's panel of Wall Street advisers see the tokenization of U.S. debt and other assets providing some significant potential advances, the group contended in a new report – while also envisioning an inevitable need for the…

Crypto Ghosted in U.S. Treasury Department's New Strategy on Financial Inclusion

[Oct 29 4:51 PM] The U.S. Treasury Department has a new strategy for financial inclusion to help people get access to the financial system, but the 35-page report references cryptocurrency only once – to tout Treasury's work on flagging the industry's hazards.

Unsubstantiated Tether investigation report shakes crypto market 

[Oct 25 8:27 PM] “Old noise” may be a new name for FUD, as Tether defends itself from a report in The Wall Street Journal about US government investigations.

US sanctions Russian crypto platforms for money laundering ties

[Sep 26 9:33 PM] Two crypto exchanges and two individuals have been sanctioned for ties to underground finance.

US Senators Flooded With 2,200 Letters Advocating Bitcoin as Strategic Reserve

[Aug 3 6:45 PM] U.S. senators received over 2,200 letters within 48 hours advocating for Senator Cynthia Lummis’ bill to make bitcoin a strategic reserve. The bill proposes the U.S. government acquire a significant bitcoin reserve to bolster the U.S. dollar…

U.S. Senators Question Justice Department's Pursuit of Crypto Mixers

[May 13 11:32 AM] A bipartisan pair of U.S. senators is questioning Attorney General Merrick Garland about the "unprecedented interpretation" of law the Department of Justice (DOJ) is using to pursue cryptocurrency software services as unlicensed money-transmitting…

Proposed US Blockchain Integrity Act would ban crypto mixers for 2 years

[May 8 12:00 PM] The bill introduced in the House would impose a fine of up to $100,000 for handling funds from mixers, while the Treasury writes a report.

U.S. SEC Asking for More Millions, Dozens of Lawyers to Beef Up Crypto Oversight

[Mar 22 8:41 AM] Gary Gensler wants 33 more people in the enforcement division of the U.S. Securities and Exchange Commission (SEC) to deal with "new and emerging issues," according to the regulator's annual budget pitch. Much of that office's recent, emerging…

U.S. Treasury Debunks Narrative That Hamas Relied on Crypto to Fund Terrorism

[Feb 14 2:56 PM] Just after Hamas' terrorist attacks in Israel last year, crypto took blame for helping fund such brutal killing. While the prominent media reports were later bashed by cryptocurrency experts, the U.S. Department of the Treasury's top official on…

Bitcoin Favored in Human Trafficking, Child Exploitation: FinCEN Report

[Feb 13 5:41 PM] A few years ago, bitcoin {{BTC}} became a popular means to conduct illegal transactions to support a booming global business in the smuggling and exploitation of people, according to an analysis released Tuesday by the U.S. Department of the…

Treasury Secretary Janet Yellen Warns of Crypto Risks

[Feb 5 4:56 PM] U.S. Treasury Secretary Janet Yellen is set to tell Congress that the crypto industry poses several potential hazards to the financial system, including the dangers of stablecoins, runs on crypto platforms and volatile prices, according to a brief…

Financial Regulators Reiterate Call for Legislation to Address Crypto Risks

[Dec 14, 2023 4:19 PM] Congress needs to pass laws addressing stablecoins and non-securities spot markets, the Financial Stability Oversight Council said in its latest annual report.

Stablecoins Such as Tether May Be in U.S. Sights, Top U.S. Treasury Official Warns

[Nov 29, 2023 10:28 AM] 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

[Nov 14, 2023 1:51 PM]

IRS 'Raided' by Crypto Investors as Industry Puts Up Fight Against U.S. Tax Proposal

[Nov 13, 2023 7:30 AM] The U.S. Internal Revenue Service (IRS) is gathering the final words now from a crypto sector that is arguing the agency's proposal for a digital-assets taxation regime is an existential threat to investor privacy and to decentralized crypto…

U.S. Sen. Warren Leads Lawmakers to Push Administration on Crypto-Backed Terrorism

[Oct 18, 2023 9:16 AM] U.S. Sen. Elizabeth Warren (D-Mass.) led more than a hundred lawmakers in demanding top officials share their plans for heading off crypto-financed terrorism.

Casascius Bitcoin Peels: $10M Cashed in 2023, Yet a $1 Billion Stash Remains Unclaimed

[Sep 4, 2023 8:00 AM] While bitcoin (BTC) is already a limited asset, Mike Caldwell’s Casascius physical bitcoins take rarity to a whole new level. Between 2011 and 2013, he endowed over 27,000 coins and bars with nearly 100,000 BTC. As we step into September…

A Long-Awaited Crypto Tax Rule Was Written Months Ago. Why Isn’t it Proposed?

[Aug 7, 2023 10:29 AM] Crypto investors and their brokerages are waiting for a U.S. tax rule that will completely overhaul how they report their cryptocurrency taxes, but the government isn’t offering any straight answers about its holdup even as prominent lawmakers…

Leading House Democrat Solicits Feedback From Gensler and Yellen on Crypto Bill

[Jun 26, 2023 1:31 PM] The bill would provide guidelines for U.S.-based crypto exchanges to register with regulators.

Privacy should be considered in ‘potential retail CBDC’ — Treasury official

[Jun 13, 2023 10:12 PM] U.S. Treasury official Graham Steele told an audience at a Texas payments conference that a future CBDC in America should consider anonymity.

Will This Political Deal In The US Save Bitcoin and Crypto?

[May 26, 2023 3:00 PM] Politicians in the United States will likely strike a deal and raise the government’s $31.4 trillion debt ceiling for two more years. Amid this debate, the price of Bitcoin is firm but lower, tracking below the psychological $30,000 level as bulls…

Biden Aides Explore Minting $1 Trillion Platinum Coin as Solution to Impending Debt Default

[May 4, 2023 1:30 PM] As the United States stares down the barrel of a potential debt default come June, a curious and intriguing solution has emerged: crafting a single $1 trillion platinum coin. This unusual tactic exploits a legal loophole that allows the Treasury…

World Regulators Are Looking at DeFi

[Apr 11, 2023 5:02 PM] Decentralized finance (DeFi) is entering regulators’ crosshairs, but they don’t seem to be intent on taking it out – yet anyway. Instead a pair of reports from U.S. and French authorities seem more focused on understanding what sort of risks DeFi…

Top U.S. Treasury Official Says Crypto Had No ‘Direct Role’ In Bank Failures

[Mar 29, 2023 1:19 PM] Nellie Liang, the U.S. Treasury Department's undersecretary for domestic finance, doesn’t believe that the digital assets sector should be blamed for the runs on Silicon Valley Bank (SVB) and Signature Bank that led to their quick demise earlier…

US exploring ways to guarantee the country’s 18T of bank deposits: Report

[Mar 20, 2023 11:57 PM] The current deposit insurance cap under the FDIC is $250,000, but recent banking collapses have seen calls to increase that amount.

U.S. Banking Collapse Doesn't Necessarily Make Crypto Trustworthy

[Mar 16, 2023 3:13 PM] TK

NY Regulators Seize Control of Signature Bank, Depositors Assured by Federal Bailout

[Mar 12, 2023 6:05 PM] On Sunday, the New York Department of Financial Services, or DFS, announced that it had taken possession of Signature Bank. The DFS appointed the Federal Deposit Insurance Corporation, or FDIC, as the receiver of the bank. In a joint statement, the…

US Government Delays Tax Reporting Rules for Cryptocurrency Brokers

[Dec 25, 2022 4:00 AM] The enforcement of a requirement for brokers to report gains made by crypto investors has been postponed by the U.S. Treasury Department and the IRS. The new tax rules, incorporated into the $1 trillion infrastructure bill passed by the U.S…

Treasury officials would have done more for national security by leaving Tornado Cash alone

[Dec 5, 2022 11:46 AM] Tornado Cash contributes to our national security interests more than it undermines them.