Treasury Department

The Department of the Treasury is an executive department and the treasury of the United States federal government.

Source: home.treasury.gov

Treasury Lends Tacit Support to Digital Dollar
Treasury Lends Tacit Support to Digital Dollar
September 16, 2022  |  CBDC

One striking aspect of the Treasury Department’s Friday (Sept. 16) report, “The Future of Money and Payments” is how little space it dedicated to address...

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Instant Payments, Stablecoins Sit Atop Treasury Dept’s Innovation Agenda
Instant Payments, Stablecoins Sit Atop Treasury Dept’s Innovation Agenda
September 16, 2022  |  Cryptocurrency

After six months of work, the U.S. Treasury Department has released a trio of reports on cryptocurrency policy, and instant payments are high on the...

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US Treasury Blacklists Bitcoin Addresses Linked to Iranian Ransomware Group
US Treasury Blacklists Bitcoin Addresses Linked to Iranian Ransomware Group
September 14, 2022  |  Legal

The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has sanctioned 10 individuals and two entities for their roles in ransomware activity, cyber-espionage and...

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Coinbase Backs Suit Against Treasury Over Tornado Cash Sanctions
Coinbase Backs Suit Against Treasury Over Tornado Cash Sanctions
September 08, 2022  |  Cryptocurrency

Coinbase is financing a federal lawsuit against the U.S. Treasury Department because of its sanctions against the Tornado Cash cryptocurrency mixing service. According to multiple...

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With Tornado Cash Sanctions, Feds Seek to Lift Crypto’s Veil of Anonymity
With Tornado Cash Sanctions, Feds Seek to Lift Crypto’s Veil of Anonymity
August 09, 2022  |  Cryptocurrency

In sanctioning what it called the “notorious virtual currency mixer Tornado Cash” on Monday (Aug. 8), the Treasury Department kicked off what could be the...

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Digital Dollar May Prevent Runs, but Banks Fear Lost Profits
Digital Dollar May Prevent Runs, but Banks Fear Lost Profits
July 13, 2022  |  CBDC

A new Treasury Department report argues that banks’ fears that a digital dollar would lead to the loss of depositors and even bank runs is...

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Treasury Dept Sec: Crypto Wallet ID Rules Will Allow Innovation
Treasury Dept Sec: Crypto Wallet ID Rules Will Allow Innovation
June 10, 2022  |  Crypto Wallet

A proposal being reviewed by the U.S. Treasury Department that would ID who controls unhosted cryptocurrency wallets would also allow innovations related to fighting financial...

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Yellen Hails Crypto’s ‘Transformative’ Potential, Urges Cautious Approach
Yellen Hails Crypto’s ‘Transformative’ Potential, Urges Cautious Approach
April 07, 2022  |  Cryptocurrency

Listening to Treasury Secretary Janet Yellen’s whole speech on cryptocurrency at American University on Thursday morning (April 7), the most striking aspect was the dichotomy...

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Yellen Points to Possible Benefits of Crypto
Yellen Points to Possible Benefits of Crypto
March 25, 2022  |  Cryptocurrency

Is U.S. Treasury Secretary Janet Yellen coming around on cryptocurrency? A noted critic of bitcoin, Yellen appeared to take a more positive tone Friday (March...

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