US Treasury plans to ask public if crypto-related regulations are 'no longer ...
The public has until Nov. 3 to submit comments on the Treasury addressing ransomware attacks, the illicit finance risks of cryptocurrency mixers and DeFi, and coordinating AML/CFT policy. The United States Department of the Treasury will be calling for comments from the public on digital assets, including their views on how regulations may address the illicit uses of crypto.In a document set to be published in the Federal Register on Tuesday, the U.S. Treasury requested public comment on “digital-asset-related illicit finance and national security risks as well as the publicly released....
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The U.S. Department of the Treasury is seeking public input on “digital-asset-related illicit finance and national security risks.” The department warned: “The growing use of digital assets in financial activity heightens risks of crimes such as money laundering, terrorist and proliferation financing, fraud and theft schemes, and corruption.”
US Treasury Wants Public Comments on Crypto-Related Illicit Finance
The U.S. Department of the Treasury published a notice Tuesday inviting “interested members of the public to provide input pursuant to....
In a notable trend this year, crypto-focused companies are increasingly seeking to go public. The latest entrant to this wave is a newly established Bitcoin treasury firm backed by Tyler and Cameron Winklevoss, which is preparing for a public listing in Amsterdam. Treasury Plans Amsterdam Debut According to a report by Reuters, the Netherlands-based firm, […]
As you all know, United Kingdom recently released a treasury report that explained plans for regulating bitcoin and other cryptocurrency based businesses by bringing in Anti-money Laundering (AML) regulations. This report received mixed response from the bitcoin startup community across the country. The Her Majesty's Treasury report - Digital currencies: response to the call for information is a comprehensive report created after due consultation with 120 respondents. These 120 respondents viz. digital currency using public, developers, businesses involved in digital and cryptocurrency....
The Ether Machine, a crypto infrastructure firm, is preparing to go public with one of the largest Ethereum (ETH) holdings in the sector. Over the last few months, the company has added more ETH to its balance sheet, positioning itself as the third-largest Ethereum treasury company in the market, ahead of its planned Nasdaq listing. […]
Four U.S. lawmakers have sent a letter to Treasury Secretary Steven Mnuchin, warning of the risks of restricting the use of self-hosted cryptocurrency wallets. Their concerns follow reports that the Treasury Department may be on the verge of imposing such strict cryptocurrency regulations aimed at self-hosted crypto wallets. Crypto Regulations That Could Make Existing Self-Hosted Wallet Users Criminals U.S. Congressmen Warren Davidson, Tom Emmer, Ted Budd, and Scott Perry sent a letter to Treasury Secretary Steven Mnuchin on Wednesday outlining their “concern regarding reports that....