U.S. Treasury Department

U.S. Treasury Department

Policy

The US Inches Closer to Stablecoin Rules

The question now shifts from “How will the U.S. government regulate stablecoins?” to “What will stablecoin issuers have to do?”

(Stefani Reynolds/Bloomberg via Getty Images)

Policy

Digital Dollar Needs Legislative Support, Fed Chair Says

The issue of CBDCs and financial privacy were featured during Tuesday’s contentious Senate Banking Committee hearing.

Treasury Secretary Janet Yellen (L) and Fed Chair Jerome Powell (Kevin Dietsch/Getty Images)

Policy

US Sanctions Enforcer Blacklists a Crypto Exchange for First Time

The Treasury’s Office of Foreign Assets Control labeled Suex.io a “specially designated national,” putting the exchange in a category with suspected terrorists.

Deputy Treasury Secretary Adewale Adeyemo (Alex Wong/Getty Images)

Policy

Biden Administration Plans Cryptocurrency Sanctions to Combat Ransomware

It’s unclear how specifically the U.S. government will seek to mitigate ransomware payments.

U.S. President Joe Biden (Al Drago/Getty Images)

Policy

US Treasury Turns Its Gaze to Stablecoin Issuers

Stablecoin transactions and their impact on financial stability are top-of-mind for Treasury officials

Treasury Secretary Janet Yellen (Drew Angerer/Getty Images)

Finance

US Treasury Officials, Financial Industry Executives Met to Discuss Stablecoins: Report

In meetings this week, the officials and executives discussed regulation and related topics.

The seal of the U.S. Treasury Department.

Markets

Fed Director Michael Hsu to Succeed Brian Brooks at OCC

Hsu was part of the Fed's bank supervision division. Brooks, now CEO of Binance.US, pushed crypto-friendly rules while in D.C.

U.S. Treasury Secretary Janet Yellen

Markets

Ripple Adds Former US Treasurer to Board of Directors

Rosie Rios was the 43rd treasurer of the United States, serving under the Obama administration from 2009 to 2016.

Rosie Rios, former treasurer of the United States,

Policy

The Relationship Between US Government Debt and Bitcoin, Explained

Bitcoiners are looking for persistent USD inflation to validate their favorite asset. That’s unlikely to happen soon, economists say, but low interest rates are still a boon for BTC.

Former Treasury Secretary and White House Economic Adviser Lawrence Summers

Policy

FinCEN Extends Comment Period for Controversial Crypto Wallet Rule

Critics of the rule said it would be technically impossible for some projects to comply because smart contracts and author-decentralized tools do not have name or address information to provide.

U.S. Treasury Secretary Steven Mnuchin