Treasury Department
Fed Chair Powell Says He Has ‘No Intention’ of Banning Crypto
When asked about earlier comments he had made about CBDCs replacing private crypto, Powell said he’d “misspoken.”
IRS Makes New Crypto Broker Guidance a ‘Priority’ in 2021-22 Plan
Biden’s Treasury Department is opening another front in its effort to police crypto tax cheats.
IRS, in Boon to Crypto, Will Reportedly Ignore How Bill Defines Broker; Bitcoin Rises
Citing an unnamed official, Bloomberg said Treasury won’t go after crypto firms that don’t meet the tax code’s definitions of a “broker.”
US Sanctions Bitcoin Address Belonging to Suspected Syria-Based Terrorist Fundraiser
According to the US Treasury Department, the suspect solicited donations for a militant group involved in the Syrian civil war.
Presidential Advisory Group Promises Stablecoin Recommendations
The Treasury Department didn't lay out a timeline for when it will publish its recommendations on stablecoin regulation.
US Presidential Advisory Group to Discuss Stablecoins
Federal Reserve Chairman Jerome Powell, Securities and Exchange Commission Chair Gary Gensler and Commodity Futures Trading Commission Acting Chair Rostin Behnam will also participate in Monday's meeting.
Treasury Nominees Pledge to Enforce New Crypto Regulation
The Senate Banking Committee held a hearing for Ryan Nelson and Elizabeth Rosenberg, who have been nominated to financial crimes roles within the Treasury Department. CoinDesk's Global Policy and Regulation Managing Editor Nikhilesh De shares some key takeaways and the implications for crypto regulation under the Biden administration.
Treasury Nominees Pledge to Enforce New Crypto Regulations
"I would prioritize implementing pieces" of a new AML law around crypto, Treasury Department nominee Brian Nelson said.
US Treasury Calls for Businesses to Report Crypto Transfers of More Than $10K to the IRS
The report highlighted virtual currencies and cash as potential ways to hide income from the government.
