Treasury Department

Executing on Biden's Crypto Executive Order
Coordinating a "whole-of-government" approach will be difficult.

Biden’s Executive Order Calls for ‘Highest Urgency’ on CBDC Research and Development
The president has called on the Treasury Department to spearhead a series of reports looking into CBDC technologies and how to implement them – ”if doing so is deemed to be in the national interest.”

Biden Issues Long-Awaited US Executive Order on Crypto
Federal agencies will evaluate their approach in six “key priorities” within the digital asset sector.

Treasury Department Launching Crypto Education Initiative: Report
The initiative centers around informing the public about the potential risks of investing in crypto.

US Treasury Department Formally Adds Crypto Rules to Russian Sanctions Guidance
U.S. officials also hope crypto exchanges will block sanctioned individuals regardless of where they're headquartered.

US Treasury Suggests Miners Won’t Be Subject to IRS Reporting Rules
A letter from a Treasury official addresses crypto industry concerns about access to customer information.

Stablecoin Regulation Takes Center Stage at House Hearing Today
The House Financial Services Committee is meeting to discuss stablecoin regulation today. Here's what we can expect.

US Treasury Department Warns of NFT Risk in Art-Related Money Laundering
In a study published Friday, the U.S. Department of the Treasury warned that non-fungible tokens (NFTs) may become a tool for money laundering in the high-value art market. CoinDesk Global Policy and Regulation Managing Editor Nikhilesh De discusses the latest crypto focus in Washington and the outlook for NFT-specific recommendations.

Sen. Toomey Sounds Warning About China’s Digital Yuan as Olympics Start
The country is using the Winter Olympics in Beijing as an international test of its central bank digital currency (CBDC).


