U.S. Treasury Department

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?”

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.

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.

Biden Administration Plans Cryptocurrency Sanctions to Combat Ransomware
It’s unclear how specifically the U.S. government will seek to mitigate ransomware payments.

US Treasury Turns Its Gaze to Stablecoin Issuers
Stablecoin transactions and their impact on financial stability are top-of-mind for Treasury officials

US Treasury Officials, Financial Industry Executives Met to Discuss Stablecoins: Report
In meetings this week, the officials and executives discussed regulation and related topics.

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.

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.

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.

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.

