Treasury

Russia’s Suex exchange faces US sanctions over alleged ransomware payments
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22 September, 2021

Russia’s Suex exchange faces US sanctions over alleged ransomware payments

The U.S. government has issued a fresh round of sanctions as it cracks down on ransomware, including against a Russian...
US Treasury seeking stricter digital currency reporting rules in $3.5T budget framework
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3 September, 2021

US Treasury seeking stricter digital currency reporting rules in $3.5T budget framework

The U.S. Treasury pushed for strict reporting rules for digital currency holders in its $1 trillion Infrastructure Bill and is...
Anti-money laundering a digital currency priority for US Treasury nominee
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25 June, 2021

Anti-money laundering a digital currency priority for US Treasury nominee

In his confirmation hearing before the Senate Banking Committee, Brian Nelson said he would make implementing new anti-money laundering legislation...
BitPay to pay $500K in settlement with US Treasury over sanctions violations
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23 February, 2021

BitPay to pay $500K in settlement with US Treasury over sanctions violations

BitPay is accused of allowing users in North Korea, Sudan, Syria, Ukraine, Cuba and Iran to transact on its platform...
Treasury nominee Janet Yellen says illegal digital currency use a ‘particular concern’
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23 January, 2021

Treasury nominee Janet Yellen says illegal digital currency use a ‘particular concern’

Suggesting the government needs new tools to prevent money laundering through exchanges, Janet Yellen said many digital currencies “are used...
Digital currency assets under discussion at G7: US Treasury
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10 December, 2020

Digital currency assets under discussion at G7: US Treasury

Finance ministers and central bank governors from across the Group of 7 countries discussed crypto assets and their increasing role...
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