U.S. Treasury | ForkLog

ForkLog 9 25.08.2021

Media: U.S. Treasury dispels crypto-industry fears over infrastructure plan provisions

The U.S. Treasury does not intend to broadly interpret the definition of 'broker' for crypto-industry participants, even if the infrastructure plan is adopted unchanged. CNBC reports, citing a Treasury official.

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ForkLog 10 15.08.2021

Media: U.S. Treasury to Publish Guidance on Crypto-Company Taxation

The U.S. Treasury Department will clarify the tax reporting requirements for crypto companies, part of the infrastructure bill. These provisions will apply only to entities the Treasury regards as brokers.

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ForkLog 8 30.07.2021

US to weigh ban on certain stablecoins

The U.S. Treasury could ban certain stablecoins. The proposals are included in a House of Representatives bill to create a comprehensive regulatory framework for regulating the digital assets market.

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ForkLog 13 20.07.2021

US Treasury Secretary Janet Yellen Urges Swift Stablecoin Regulation

U.S. Treasury Secretary Janet Yellen urged swifter development of a regulatory framework for stablecoins at a PWG meeting.

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ForkLog 12 17.07.2021

U.S. Treasury secretary to meet regulators to discuss stablecoins.

U.S. Treasury Secretary Janet Yellen announced the convening of the President’s Working Group on Financial Markets to discuss stablecoins by July 25.

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ForkLog 57 09.06.2021

IRS seeks funding increase to strengthen crypto oversight

The Internal Revenue Service (IRS) is counting on a bigger budget for 2022. The agency also needs $32 million to expand its tax administration capabilities in the cryptocurrency space and to combat cybercrime.

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ForkLog 16 16.04.2021

Troll factory-linked cryptocurrency addresses hit by U.S. sanctions

The U.S. Treasury's Office of Foreign Assets Control (OFAC) added a number of cryptocurrency addresses to the sanctions list, linked to individuals and entities believed to have aided Russian intelligence services in meddling in the U.S. elections and disseminating disinformation.

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ForkLog 8 26.01.2021

FinCEN extends comment period for proposed cryptocurrency-transaction regulations

The Financial Crimes Enforcement Network (FinCEN) within the U.S. Treasury extended the comment period for proposed cryptocurrency-transaction regulations by 60 days. This was announced on the agency's site.

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ForkLog 12 26.01.2021

Bitcoin skeptic Janet Yellen to head the U.S. Treasury

Former head of the U.S. Federal Reserve (Fed), Janet Yellen, became the first woman to head the Treasury Department. The Senate confirmed her nomination.

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ForkLog 8 22.01.2021

US Treasury secretary candidate outlines a balanced stance on cryptocurrencies

Cryptocurrencies can improve the efficiency of the financial system, but should not be used to fund terrorism or launder money. This view was expressed by US Treasury secretary candidate Janet Yellen in written answers to questions from the Senate Finance Committee.

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ForkLog 6 20.01.2021

US Treasury secretary nominee concerned about links between cryptocurrencies and terrorism

Methods to combat money laundering and terrorist financing using cryptocurrencies must evolve as technology advances, Yellen said at a Senate hearing.

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ForkLog 11 19.12.2020

US Treasury proposes verifying users of Bitcoin wallets

The Financial Crimes Enforcement Network (FinCEN) of the U.S. Treasury published a proposal regulating cryptocurrency transactions conducted through users' own wallets.

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