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Department of the Treasury

Australia mulls tax reform; Bank of Russia prepares for shakeups
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3 December, 2024

Australia mulls tax reform; Bank of Russia prepares for shakeups

Australia is eyeing to adopt the OECD framework to bolster efforts against digital asset crimes; elsewhere, the Bank of Russia...
Stablecoins aren’t money, need strict regulation: US Treasury
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4 November, 2024

Stablecoins aren’t money, need strict regulation: US Treasury

The U.S. Treasury highlights the growing stablecoin market while pointing out the risks tied to these assets, including facilitating crime,...
Coinbase demands records on ‘Choke Point’ conspiracy theory
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23 October, 2024

Coinbase demands records on ‘Choke Point’ conspiracy theory

Paul Grewal says Coinbase's FOIA requests—stemming from allegations of the wider 'crypto bro' conspiracy theory—were intended to clarify how regulatory...
Stablecoin regulations eyed—What does it mean for Tether?
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17 October, 2024

Stablecoin regulations eyed—What does it mean for Tether?

The U.S. Treasury argues that all nonbank payment providers, including stablecoin issuers, must be regulated amid the changing times, which...
New IRS reporting requirements for digital assets put on ice—for now
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19 January, 2024

New IRS reporting requirements for digital assets put on ice—for now

New rules mandating firms to report digital asset transactions of over $100K won't take effect for now, with the IRS...
Tom Emmer criticizes Treasury Department plea for greater authority over digital asset space
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4 December, 2023

Tom Emmer criticizes Treasury Department plea for greater authority over digital asset space

Responding to Adeyemo, Rep. Tom Emmer accuses the U.S. Treasury of having a savior complex while reiterating his opposition against...
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