Don’t Help Russia, Or Else… Treasury Official Says US Will ‘Come And Find You’
The US would hold responsible anyone who assists Russia in circumventing financial sanctions in the aftermath of the Kremlin’s act of terrorism on Ukraine, US Deputy Treasury Secretary Wally Adeyemo said Tuesday. Russia has been punished with severe financial and economic sanctions by the US and its allies as a result of its invasion on Ukraine. […]
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Per a report from local news outlet Kommersant, the Russian Ministry of Finance has completed a bill addressing crypto payments in the country. The document was obtained by the local news website and confirmed by two different sources. Related Reading | Don’t Help Russia, Or Else… Treasury Official Says US Will ‘Come And Find You’ The […]
Was the Binance Smart Chain hacked? In the following article, you’ll find Changpeng Zhao’s exact words about the incident. Everybody else’s opinions, though, are about the halting of the chain. Most people are unaware of what Bitcoinist told you a year ago: the Binance Smart Chain is centralized and advertised as such. It’s not a […]
The U.S. Department of the Treasury does not see that cryptocurrency could be used in a large-scale way to evade sanctions. “Its share as a medium for illicit finance is not anywhere as large as just using cash,” a senior Treasury official noted.
Treasury Department’s View on Crypto Use to Evade Sanctions
Nellie Liang, Treasury undersecretary for domestic finance, talked about the potential use of cryptocurrency as a tool to evade sanctions for Russia Friday in an interview with Reuters.
The senior Treasury official explained that the crypto....
You’re in your cubicle. The local radio station distracts you with 4/4 beats, and a DJ whispering sweet nothings through the airwaves. In other cubicles, co-workers bide their time, waiting for the time when they can clock out and meander to the local lowbrow lounge and drink away the pent up energy accumulated from a long day sitting on their asses. Beyond that, they’re looking forward to payday. When you’re at work, you’re not that stoked. You answer emails in between a sojourn through the land of Facebook or Reddit (maybe your cat photos are going to make it to the front page). You’re....
Despite the broad definition of a broker in the $1.2 trillion infrastructure bill, an official of the U.S. Treasury Department says that non-brokers will not be targeted even if the bill is not amended. The official added that crypto advocates’ fears are unwarranted. Treasury Official Says Non-Brokers Will Not Be Targeted The U.S. Department of the Treasury explained Tuesday that the crypto reporting requirements in the $1.2 trillion infrastructure bill will not target non-brokers even if the bill is not amended, CNBC reported, citing an official of the department. Crypto advocates....