U.S. Treasury Department

Treasury Calls for Federal Payments Framework, but Key Details Remain Unclear
Treasury Calls for Federal Payments Framework, but Key Details Remain Unclear
October 18, 2024  |  Regulation

Through the past several weeks and months, the drumbeat’s grown louder for regulations at the federal level to govern nonbanks — especially FinTechs, neobanks and...

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Treasury Report Finds ‘Significant’ Gaps in AI Fraud Prevention
Treasury Report Finds ‘Significant’ Gaps in AI Fraud Prevention
March 27, 2024  |  Security & Fraud

Larger financial institutions have an edge over smaller ones in AI-related fraud prevention. That’s according to a new report from the U.S. Treasury on dealing with artificial intelligence (AI)-centered...

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US Weighs Expanding FDIC Protections if Banking Crisis Persists
US Weighs Expanding FDIC Protections if Banking Crisis Persists
March 21, 2023  |  Banking

Federal officials are reportedly examining ways to expand deposit protections to halt a possible financial meltdown. As Bloomberg News reported Monday (Mar. 20), staff members...

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Treasury Department Seeks Public Comment on Crypto Risks
Treasury Department Seeks Public Comment on Crypto Risks
September 19, 2022  |  Cryptocurrency

The U.S. Department of Treasury is asking for public comment on any risks that digital assets pose in terms of illicit finance and national security. ...

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‘National Interest’ Said to Drive US Treasury Support of Digital Dollar
‘National Interest’ Said to Drive US Treasury Support of Digital Dollar
September 08, 2022  |  CBDC

The U.S. Treasury Department plans to advise the federal government to issue a digital dollar, though it will only officially sign off if there’s a...

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Regulatory Rumblings Force Companies to Rethink their Ransomware Policies
Regulatory Rumblings Force Companies to Rethink their Ransomware Policies
June 10, 2022  |  Cryptocurrency

The decision of whether to pay ransomware hackers to release encrypted information got tougher in March when President Joe Biden signed into law that “strongly...

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US Treasury’s Scrutiny Points to Stablecoin’s Bumpy Regulatory Road
US Treasury’s Scrutiny Points to Stablecoin’s Bumpy Regulatory Road
September 13, 2021  |  Cryptocurrency

For stablecoins, the regulatory environment is looking anything but stable. As these asset-backed digital offerings gain ground, and are being trialed across various use cases...

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Bitcoin Daily: India Considers Crypto For Financial Transactions; Bitcoin Makes Up Half Of Crypto Market
Bitcoin Daily: India Considers Crypto For Financial Transactions; Bitcoin Makes Up Half Of Crypto Market
August 14, 2018  |  Bitcoin

The Ministry of Industry and Information Technology (MIIT) in China is seeking to double down on its efforts to make a fertile environment for blockchain...

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