In its latest regulatory measure, FinCEN is proposing that U.S. citizens report if they have more than $10,000 in digital currencies with foreign exchanges, wallets or financial service providers.
The U.S. Treasury Department is seeking to hire a policy advisor to guide its digital currency oversight duties.
The Internal Revenue Service has been considering different approaches to digital currency taxation, a federal official has revealed.
The U.S. Treasury Department is actively considering the benefits of a central bank digital currency, according to a ranking department official.
