U.S. Treasury | ForkLog

ForkLog 14 30.01.2022

US Treasury to revisit proposal for verifying users of non-custodial cryptocurrency wallets

In 2022, the U.S. Department of the Treasury will revisit the controversial FinCEN proposal, which envisages mandatory verification of users of non-custodial cryptocurrency wallets.

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ForkLog 3 12.01.2022

Ukraine appeals to U.S. authorities as several bitcoin exchanges exit the Ukrainian market

Alexander Bornyakov, Ukraine's deputy minister for IT development, appealed to U.S. authorities amid the exit of several bitcoin exchanges from the Ukrainian market due to regulatory requirements and difficulties identifying users from Crimea. The CoinDesk documents obtained show this.

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ForkLog 12 07.12.2021

US banking regulator warns of crypto adoption risks

DLT technology and digital assets, including stablecoins and cryptocurrencies, could broaden the reach of financial services, but banks should deploy such tools with caution. The OCC, within the U.S. Department of the Treasury, said in a semiannual risk perspective report.

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ForkLog 8 03.12.2021

Yellen Says Broad Consensus Among Authorities Needed to Issue a CBDC

US Treasury Secretary Janet Yellen has not yet formed an opinion on the possible issuance of a digital dollar. At the Reuters Next conference, she said that Congress, the Fed, and the White House need to reach an agreement on a number of questions.

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ForkLog 14 30.11.2021

US Treasury: FATF rules align with FinCEN standards on cryptocurrency regulation

US Treasury Secretary Janet Yellen said FATF rules align with FinCEN's standards regarding the crypto industry and are merely guidance.

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ForkLog 14 24.11.2021

US banking regulators to prepare cryptocurrency guidance in 2022

The Federal Reserve, the FDIC and the OCC, as part of the U.S. Treasury Department, defined a number of areas related to digital asset regulation that require further clarification. The interagency sprint that began in May will continue into 2022.

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ForkLog 11 16.11.2021

Biden signs infrastructure bill without cryptocurrency amendments

U.S. President Joe Biden signed a bipartisan bill to mobilize $1.2 trillion for infrastructure upgrades without crypto-industry-friendly amendments.

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ForkLog 9 02.11.2021

Senators Split Over U.S. Treasury Report on Stablecoins

Three US senators — Sherrod Brown, Pat Toomey and Cynthia Lummis — published responses to the Treasury’s report on the risks associated with stablecoins. Their statements could form the basis for upcoming debates.

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ForkLog 11 01.11.2021

U.S. Treasury releases report on stablecoin risks

The U.S. Treasury released a report on risks related to stablecoins. The agency sees stablecoins as a threat to investors and market integrity, and called for strict regulatory restrictions.

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ForkLog 11 28.09.2021

U.S. senators propose Treasury monitor mining’s impact on semiconductor supply chains

The U.S. Department of the Treasury should study and report to Congress on the activity and impact of crypto miners from other countries on the global economy. The requirement is contained in a bill by Senators Maggie Hassan and Joni Ernst.

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ForkLog 4 23.09.2021

Media: Biden nominates crypto critic to head the OCC

President Joe Biden plans to nominate the head of the Office of the Comptroller of the Currency (OCC) within the Treasury Department, a critic of cryptocurrencies and the existing banking system. Bloomberg reports, citing its own sources.

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ForkLog 7 13.09.2021

US Treasury weighs threats and benefits of stablecoins in talks with banks

US Treasury officials discussed risks and benefits of stablecoins with representatives from the banking community and credit unions, Reuters reports, citing its own sources.

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