us treasury News and Articles

Coin Center, a crypto group performing research and advocacy, filed a suit against the US Treasury Department related to the Tornado Cash ban. The group together with people seeking privacy asked the court to delist the platform from sanctions. Jerry Brito, Coin Center’s director-general tweeted...

A new press release by the US Treasury reveals that the agency's Office of Foreign Assets Control sanctioned crypto mixer Tornado Cash. According to the publication, following its launch in 2019, Tornado has been used for laundering digital currencies worth over $7 bln. Tornado is an Ethereum-based...

The US public now has the opportunity to express their opinions on crypto industry rules. Earlier in May, the president ordered federal agencies to start designing a crypto regulations framework. Recently, the Treasury published a release that says interested members of the public can take part in...

Under Secretary for Terrorism and Financial Intelligence at the US Treasury, Brian Nelson said in an interview that crypto fraud is the highest priority among the sanctions on North America. Nelson told South Korea's business newspaper Mael Business Newspaper he believes that virtual currency fraud...

According to US Treasury Secretary Janet Yellen, it is extremely risky to invest pension savings in digital currencies. These are very volatile instruments, so Congress needs to take action. Yellen has repeatedly criticized virtual currencies in the past. According to her, such tools are used by...

The Treasury Department of the USA issued a report on NFTs, saying the assets include financial crime risks, and recommending possible solutions. Based on a recent study by the Treasury, the high-value art market presents money laundering and terror finance risks. The report also looked into the...

At the beginning of this week, the SUEX cryptocurrency platform, registered in Russia and the Czech Republic, was on the sanctions list of the US Treasury. The department said that the restrictive measures against the trading platform were introduced as part of the policy of the US leadership...

Senator Elizabeth Warren is known for periodically demanding that the US government tighten control over the cryptocurrency industry. She recently called Bitcoin a "lousy investment" and called on the authorities to destroy the digital currency. It became known this week that Elizabeth...

Former US Treasury Secretary Lawrence Summers said that bitcoin will not collapse, its price will continue to rise in the long term. “The cryptocurrency looks much more resilient after the price set a new record and then declined,” he said. Summers believes that the reason for the continued...