North Koreans are getting jobs in tech and digital assets, US warns
According to the three U.S. departments, the North Koreans allegedly use false identities and VPNs to conceal their identities and usually ask for payments in digital assets.
Latest Treasury Department News
Digital currency tax guidance still a priority for IRS
The IRS released a joint Priority Guidance Plan for ‘21-‘22 with Treasury and it lists its intention to issue tax guidance for digital currencies as a priority.
US proposals could require reporting digital currency transactions over $10K to IRS
New proposals being brought forward by the U.S. Treasury Department could see a new requirement to report digital currency transactions of over $10,000 to the IRS.
US Senate confirms Janet Yellen as first female Treasury chief
Yellen was confirmed by the Senate by a vote of 84-15, underscoring the bipartisan support she receives in the sharply divided legislature.
US feds propose changes to recognize digital currencies as money
The proposed rules include redefining ‘money’ to include digital currencies and lowering the transaction data-gathering threshold for cross-border financial transactions.