iSpace News - iSpace News - Latest TREASURY DEPARTMENT News

US Treasury Department Warns Digital Currencies Are Thwarting Sanctions Efforts

The US Treasury Department is contending that cryptocurrencies stunt sanctions efforts and threaten national security, foreign policy, and economic interests.

DailyHodl - 20th Oct 20:10 - Regulation, Sanctions, US Treasury, Digital Currencies, Treasury, Us, Policy, Treasury Department, The, US Treasury Department, Digital, National Security, TREASURY DEPARTMENT, US TREASURY, THE US, NATIONAL SECURITY, DIGITAL CURRENCIES, Currencies, Foreign Policy, Us Treasury Department, Economic, US TREASURY DEPARTMENT

Digital Currencies Impede US Treasury Sanction Efforts, Report says

The United States Treasury Department revealed that digital currencies pose a critical impediment to sanctions strategy and policies.

Blockchain News - 20th Oct 06:10 - US TREASURY DEPARTMENT, CRYPTOCURRENCY, DIGITAL INNOVATION, SANCTION, Digital Currencies, Treasury, Sanctions, US Treasury, The United States, Us, Policies, Treasury Department, The, Digital, States, UNITED STATES, TREASURY DEPARTMENT, US TREASURY, United, DIGITAL CURRENCIES, Strategy, THE UNITED STATES, Currencies, Sanction

US Treasury Department Says Cryptocurrencies Could Could Undermine Sanctions

The US Treasury Department said on Monday in a report that cryptocurrencies could undermine the effectiveness of US sanctions.

Coindesk - 18th Oct 23:10 - Treasury, Sanctions, US Treasury, Us, Treasury Department, The, US Sanctions, US Treasury Department, TREASURY DEPARTMENT, US TREASURY, THE US, Of, Us Treasury Department

US Office of Foreign Assets Control Releases Guidance for Crypto Space

The US Treasury Department is releasing new sanction guidelines for the cryptocurrency industry.

DailyHodl - 15th Oct 21:10 - Regulation, OFAC, Treasury, US Treasury, Assets, Us, Space, Treasury Department, The, US Treasury Department, TREASURY DEPARTMENT, US TREASURY, THE US, Crypto Space, Office Of Foreign Assets Control, Guidelines, Guidance, Office, Of, Us Treasury Department, Control, Sanction

US lawmaker is most concerned about Treasury's response to crypto

Exactly 3% of the United States Senate attended the Texas Blockchain Summit on Friday, all addressing their fellow lawmakers' understanding of crypto and blockchain. Wyoming Senator Cynthia Lummis said the Treasury Department may be more of a threat to innovation in blockchain and cryptocurrencies in the United States than the Securities and Exchange Commission or the Commodity Futures Trading Commission.Speaking at the Texas Blockchain Summit in Austin on Friday, Lummis said her recent concerns with the federal agency came from the language concerning brokers of cryptocurrency in the infrastructure bill currently at the center of debate in Congress — Treasury Secretary Janet Yellen has expressed her support of the legislation.

Coin Telegraph - 11th Oct 19:10 - Regulation, Blockchain, Cftc, Exchange, Infrastructure, Securities, Treasury, Texas, Senate, Commodity, Legislation, The United States, Wyoming, Us, Innovation, Cynthia Lummis, Support, The Securities And Exchange Commission, Federal, Treasury Department, Commission, The, States, All, Brokers, Lawmakers, UNITED STATES, Treasury Secretary, Janet Yellen, Yellen, TREASURY DEPARTMENT, United, SECURITIES AND EXCHANGE COMMISSION, Bill, JANET YELLEN, SENATOR CYNTHIA LUMMIS, Response, Austin, THE UNITED STATES, Us Lawmaker, Senator, Agency, Center, Understanding, Senator Cynthia Lummis, Lummis, TREASURY SECRETARY, Infrastructure Bill, INFRASTRUCTURE BILL, Treasury Secretary Janet Yellen, CYNTHIA LUMMIS, Of, Language, Federal Agency, Lawmaker

US Senators Launch Bill to Keep Tabs on Overseas Crypto Mining

The bipartisan bill would require the Treasury Department to report on how foreign countries are engaged with crypto mining.

Decrypto - 28th Sep 10:09 - Mining, Treasury, Us, Launch, Treasury Department, The, CRYPTO MINING, TREASURY DEPARTMENT, Foreign Countries, Bill, Senators, Keep, Countries, Bipartisan Bill, Us Senators

The US Treasury Department Imposes Sanction on Suex Crypto Exchange, Accused of Facilitating Ransomware Transactions

The US Treasury Department said in a statement that Suex cryptocurrency exchange has been aiding ransomware actors to attack businesses and government entities.

Blockchain News - 23rd Sep 03:09 - TREASURY DEPARTMENT, SANCTIONS, SUEX CRYPTO EXCHANGE, RANSOMWARE, TRANSACTION, Exchanges, Hacks, Crypto Exchange, Exchange, Treasury, Aid, Attack, US Treasury, Us, Treasury Department, The, US Treasury Department, Businesses, CRYPTOCURRENCY EXCHANGE, CRYPTO EXCHANGE, US TREASURY, THE US, Accused, Statement, Entities, Of, Us Treasury Department, Sanction, Suex

US Sanctions Russian Crypto Broker Suex for Laundering Millions in Illicit Funds

The US Treasury Department has blacklisted Suex, a cryptocurrency broker based in Russia, for its money laundering activities.

Bitcoin.com - 22nd Sep 15:09 - Bitcoin, Blacklist, Branches, Broker, BTC-e, Crypto Broker, Hacks, Darknet Markets, Ethereum, Exchange, Exchanges, Finiko, Illicit Funds, OFAC, Offices, OTC Broker, Russian, Sanction, Sanctions, Sdn List, Suex, Tether, Treasury, Wex, Funds, US Treasury, Us, Treasury Department, The, US Sanctions, US Treasury Department, Laundering, MONEY LAUNDERING, TREASURY DEPARTMENT, US TREASURY, THE US, Millions, Illicit, Us Treasury Department

US Treasury reportedly in talks for stablecoin regulation

Treasury officials are studying the risks if too many people decide to withdraw their stablecoins all at once. Amid massive growth of the stablecoin market, the United States Treasury Department has reportedly discussed potential regulation for private stablecoins.The Treasury conducted several meetings last week to examine the risks of stablecoins for users, markets, or the financial system, as well as learn about their benefits and consider potential regulation, Reuters reported Sept 10.“The Treasury Department is meeting with a broad range of stakeholders, including consumer advocates, members of Congress and market participants,” Treasury spokesman John Rizzo said.Citing three anonymous sources familiar with the matter, the report notes that one of the Treasury’s meetings took place last Friday, with officials asking the crypto community whether stablecoins would require direct oversight if this type of cryptocurrency becomes widely adopted.

Coin Telegraph - 13th Sep 12:09 - Markets, Regulation, Treasury, US Treasury, Financial System, The United States, Us, Market, Private, Officials, Treasury Department, The, States, All, Participants, Learn, UNITED STATES, Stablecoin Market, De, Growth, Reuters, Users, TREASURY DEPARTMENT, Risks, US TREASURY, Anonymous Sources, United, Ar, CRYPTO COMMUNITY, Anonymous, Stakeholders, Members, John, THE UNITED STATES, Oversight, Notes, Ad, Stablecoin Regulation, Consumer, Talks, Of, Benefits, Meeting, Spokesman

US Treasury Department Officials Discuss ‘Risks and Benefits Posed by Stablecoins’ With Players From Financial Industry

The US Treasury Department is reported to have held meetings with participants from the country’s financial industry to discuss “the risks and benefits posed by stablecoins.” In addition, officials are said to have used the meetings to discuss “whether stablecoins would require direct oversight if they become extremely popular.” Policymakers Alarmed by Growth of Crypto […]

Bitcoin.com - 13th Sep 08:09 - Regulation, Crypto Growth, Crypto Market, Crypto Regulatory Framework, Eric Rosengren, Financial Industry, US Financial System, Us Treasury Department, Treasury, US Treasury, Us, Officials, Treasury Department, The, US Treasury Department, Participants, Growth, TREASURY DEPARTMENT, Risks, US TREASURY, THE US, Oversight, Players, Of, Benefits

US Treasury Assures Crypto Requirements in Infrastructure Bill Won’t Target Non-Brokers Even Without Amendment

Despite the broad definition of a broker in the $1.2 trillion infrastructure bill, an official of the US Treasury Department says that non-brokers will not be targeted even if the bill is not amended.

Bitcoin.com - 26th Aug 04:08 - Regulation, Amendment, Bipartisan Bill, Broker, Crypto Provisions, Infrastructure Bill, Us Treasury Department, Infrastructure, Treasury, US Treasury, Us, Treasury Department, Target, The, US Treasury Department, Brokers, TREASURY DEPARTMENT, US TREASURY, Bill, THE US, Requirements, Official, INFRASTRUCTURE BILL, Crypto Requirements, Of

Treasury Dept. wants to ‘capture DeFi’ with infrastructure bill: Jake Chervinsky

General counsel to Compound Labs, Jake Chervinsky, has warned that the Treasury Department wants to “capture” the DeFi sector through the crypto provisions added to the infrastructure bill. The last-minute cryptocurrency provisions added to the US infrastructure bill sought to “capture DeFi,” argues Compound’s general counsel Jake Chervinsky.Appearing on the Bankless State of the Network podcast on August 17, Chervinsky — who is also DeFi Chair of the Blockchain Association — said the industry had been “blindsided” by the infrastructure bill’s crypto tax provisions which were announced just nine days prior to when it was expected to pass through the senate.While Chervinsky seemed willing to give most elected officials the benefit of the doubt, noting that previous discussions surrounding the infrastructure bill had “nothing to do with crypto,” he attributed more sinister motives to the Treasury Department’s role in influencing the legislative process.Conceding he may have donned a “tin-foil hat,” Chervinsky argued that the Treasury Department was looking for an alternate way to invoke the harsh reporting requirements former Treasury Secretary Steve Mnuchin had sought to impose on self-custodied crypto wallets.“This is all about DeFi [...] This is the Treasury Department trying to work out how to get jurisdiction over DeFi [...] and also expand its warrantless surveillance over a peer-to-peer financial system.”Cherversinky stated he was informed that the Treasury Department had initially opposed exempting network validators and software developers from stringent third-party reporting requirements under the bill as it was concerned the altered legislation would not “adequately capture DeFi.”“That’s why we couldn’t get the language changed to only capture the centralized exchanges,” he concluded:“We found out very quickly that it wasn’t just a senator’s misunderstanding [...] The Treasury Departmen

Coin Telegraph - 18th Aug 04:08 - Infrastructure Bill, Jake Chervinsky, Treasury Department, Blockchain, Exchanges, Defi, Network, Infrastructure, Treasury, Legislation, Podcast, Us, Software, Blockchain Association, Centralized Exchanges, Surveillance, Officials, Chair, The, All, Mnuchin, Treasury Secretary, CRYPTO TAX, Steve Mnuchin, Peer To Peer, Validators, TREASURY DEPARTMENT, Bill, THE US, Ch, Work, CENTRALIZED EXCHANGES, Discussions, Requirements, Reporting, Warrantless, Ad, State, Association, Capture, Third Party, TREASURY SECRETARY, Crypto Tax Provisions, INFRASTRUCTURE BILL, Role, Of

Treasury to the rescue? Officials to clarify crypto tax reporting rules in infrastructure bill: report

Speaking on condition of anonymity, an official has reportedly told Bloomberg that the Treasury Department is planning to clarify the definition of “broker” in the recently passed infrastructure bill.

Coin Telegraph - 15th Aug 23:08 - Senate, Regulation, Infrastructure, Treasury, Bloomberg, Officials, Treasury Department, The, CRYPTO TAX, TREASURY DEPARTMENT, Bill, Rules, Tax Reporting, Reporting, Official, Infrastructure Bill, INFRASTRUCTURE BILL, Crypto Tax Reporting, Of

US Treasury Department Looking To Make Impact of Infrastructure Bill More Crypto-Friendly: Report

The US Treasury Department is reportedly issuing new guidance to address the crypto industry’s concerns over the digital asset provision in the latest infrastructure bill.

DailyHodl - 15th Aug 12:08 - Regulation, Infrastructure, Treasury, Digital Asset, US Treasury, Us, Treasury Department, The, US Treasury Department, Digital, DIGITAL ASSET, TREASURY DEPARTMENT, US TREASURY, Bill, THE US, Guidance, Asset, Infrastructure Bill, INFRASTRUCTURE BILL, Of

US Senators and Treasury Reach Agreement on Crypto Requirements in Infrastructure Bill

Five US senators have been working with the Treasury Department and have come up with a compromise crypto amendment to the $1.2 trillion infrastructure bill.

Bitcoin.com - 9th Aug 19:08 - Regulation, Brokers, Crypto Amendment, Cynthia Lummis, Infrastructure Bill, Pat Toomey, Treasury Department, Us Senators, Infrastructure, Treasury, Us, The, TREASURY DEPARTMENT, Compromise, Bill, Requirements, Agreement, Reach, Senators, INFRASTRUCTURE BILL

US Senator Urges Congress to Stop Treasury From Picking Winners and Losers in Crypto

US Senator Pat Toomey has called on Congress to stop the Treasury Department from maximizing its ability to regulate and tax crypto by picking winners and losers.

Bitcoin.com - 7th Aug 15:08 - Regulation, Crypto Tax Amendment, Government Picking Winners, Infrastructure Bill, Infrastructure Package, Winners Losers, Treasury, Us, Treasury Department, The, Toomey, Losers, TREASURY DEPARTMENT, Us Senator, Senator, Winners, Senator Pat Toomey, Pat Toomey

'Exponential' Rise in Crypto Tax Inquiries in Spain as Monitoring Intensifies

The accounting giant PwC says it has seen an “exponential” increase in recent months in inquiries about tax declarations from crypto holders in Spain – where new crypto regulations have come into force. Spain’s Treasury department has already sent out thousands of warning letters to citizens it suspects of trading in crypto, warning them that if they fail to declare

CryptoNews - 26th Jul 11:07 - Bitcoin, Regulation, Treasury, PwC, Rise, Treasury Department, The, Suspects, Crypto Regulations, Warning, CRYPTO TAX, Citizens, TREASURY DEPARTMENT, Monitoring, Letters, CRYPTO REGULATIONS, Pwc, Increase, Declarations, Tax Declarations, Crypto Holders, Giant

US Treasury Requests Report to IRS for Crypto Transfers Over $10,000

The US Treasury Department today proposed to the US Internal Revenue Service that investors need to report on crypto transactions of more than $10,000.

Blockchain News - 21st May 09:05 - Regulation, BLOCKCHAIN, CRYPTO, JOE BIDEN, REGULATION, Treasury, US Treasury, Crypto Transactions, Internal Revenue Service, Us, Irs, Crypto Transfers, Treasury Department, The, US Treasury Department, Revenue, 0, TREASURY DEPARTMENT, US TREASURY, THE US, 000, Report To Irs

US Treasury Details Major Push to Regulate Bitcoin and Cryptocurrency

The US Treasury Department is detailing a set of new tax compliance measures designed to bring in billions in new revenue – and crypto investors are a key target.

DailyHodl - 20th May 20:05 - Regulation, Bitcoin, Treasury, US Treasury, Us, Crypto Investors, Treasury Department, Target, The, US Treasury Department, Revenue, Billions, TREASURY DEPARTMENT, US TREASURY, Regulate Bitcoin, THE US, Tax Compliance

Why bitcoin and crypto regulation is not a priority for US Treasury Secy

As the crypto-community on Twitter was sinking into the unverified headline that stated the US Treasury Department was set to crack down on a number of unknown banks for their activities related to th The post Why bitcoin and crypto regulation is not a priority for US Treasury Secy appeared first on AMBCrypto.

AMB Crypto - 4th May 12:05 - News 1, Bitcoin, Regulation, Treasury, US Treasury, Us, Unknown, Treasury Department, The, US Treasury Department, CRYPTO REGULATION, TREASURY DEPARTMENT, US TREASURY, CRYPTO COMMUNITY, THE US

Possible Bitcoin treasury adoption as more companies cite inflation concerns

Bitcoin is likely a topic of conversation among the treasury department of many US companies amid rising inflation. No fewer than 47 companies have cited the term “inflation” in their earnings calls for Q1 2021. According to a report by financial market data provider FactSet on Monday, the figure represents the highest number of companies to do so in the last decade. Earlier in April, the United States Bureau of Labor Statistics released its “Producer Price Index” report showing a 4.2% year-on-year increase in PPI, the highest since September 2011. While Federal Reserve chairman Jerome Powell continues to argue that current inflation and consumer price index numbers are only temporary, there is a counter-argument that businesses will move to transfer the burden of greater production costs to their consumers. Meanwhile, companies may also be seeking ways to protect their cash reserves from US dollar debasement following the nearly $6 trillion in stimulus money poured into the US economy over the course of the ongoing coronavirus pandemic. Back in August 2020, business intelligence outfit MicroStrategy made headlines when it announced its first Bitcoin (BTC) purchase.

Coin Telegraph - 27th Apr 13:04 - Bitcoin, Institutional Adoption, U.S. Dollar, Bitcoin (BTC), Dollar, Treasury, Earnings, Cash, The United States, Us, Market, Numbers, Microstrategy, Cash Reserves, MicroStrategy, Statistics, Federal, Reserve, Treasury Department, Stimulus Money, The, States, Reserves, Bitcoin Treasury, Index, UNITED STATES, Companies, Businesses, US DOLLAR, De, TREASURY DEPARTMENT, Course, United, FEDERAL RESERVE, Financial Market, Ar, Transfer, THE US, Figure, JEROME POWELL, Inflation Concerns, FEDERAL RESERVE CHAIRMAN, US Companies, THE UNITED STATES, Q1, April

Bitcoin and Crypto Markets Plummet As US Treasury Rumor Spreads

The crypto markets are reeling amid rumors that the US Treasury Department may soon accuse a number of financial institutions of using digital assets to launder money.

DailyHodl - 18th Apr 05:04 - Bitcoin, Markets, Institutions, Treasury, Financial Institutions, US Treasury, Assets, Crypto Markets, Us, Treasury Department, The, US Treasury Department, Digital, DIGITAL ASSETS, TREASURY DEPARTMENT, US TREASURY, THE US

Proposed FinCEN rule is a 'grave threat to personal privacy,' says Coin Center

In its latest comment, the advocacy group goes after the proposed requirement to create currency transaction reports for crypto transactions. After the US Treasury Department extended the comment period for anyone to express their thoughts on a proposed crypto rule, non-profit crypto policy advocate group Coin Center has made another — and possibly final — argument to regulators. Coin Center directed its comment to the Financial Crimes Enforcement Network, or FinCEN, over proposed rules that would require registered crypto exchanges in the US to verify the identity of people using "an unhosted or otherwise covered wallet" for a transaction of more than $3,000 and report on all crypto transactions of more than $10,000.

Coin Telegraph - 16th Mar 00:03 - Regulation, Fincen, Exchanges, Hacks, Crypto Exchanges, Network, Transaction, Treasury, FinCEN, Currency, US Treasury, Crypto Transactions, Us, Policy, Treasury Department, The, US Treasury Department, Reports, All, De, CRYPTO EXCHANGES, 0, Coin Center, TREASURY DEPARTMENT, US TREASURY, Advocacy, Rules, COIN CENTER, Enforcement, THE US

Blockchain Group to Meet With US Treasury Department Executives Over Brewing Regulations

The Blockchain Association plans to meet with US Treasury Department officials in the wake of impending cryptocurrency regulation.

Crypto Potato - 7th Mar 14:03 - Bitcoin, Blockchain, Regulation, Treasury, US Treasury, Us, Blockchain Association, Officials, Treasury Department, The, US Treasury Department, Plans, Executives, TREASURY DEPARTMENT, US TREASURY

Crypto Industry Wins More Time For FATF Travel Rule

There may yet be some wriggle room for the crypto exchanges and other virtual asset service providers (VASPs) struggling to get their platforms ready for Travel Rule compliance – with the Financial Action Task Force (FATF) admitting that it may be prepared to budge on amending the guidance, which some claim is not fit for purpose. Per a paper from the American Treasury Department, the FATF has

CryptoNews - 26th Feb 09:02 - Bitcoin, Exchanges, Crypto Exchanges, FATF, Travel Rule, Treasury, Travel, Fatf, Financial Action Task Force, Treasury Department, Paper, Financial Action Task Force (FATF), The, F, Crypto Industry, CRYPTO EXCHANGES, TREASURY DEPARTMENT, Service Providers, Force

With Yellen confirmed, Treasury moves forward with stalled crypto monitoring rule

The Treasury has opened up the comment period for its self-hosted wallet requirements for another 60 days. The United States Treasury Department's now-infamous proposal to require information on crypto transfers from exchanges to self-hosted wallets is back in motion. Per a Tuesday announcement from the Financial Crimes Enforcement Network, or FinCEN, stakeholders will have another 60 days to respond to the proposal.

Coin Telegraph - 26th Jan 16:01 - Exchanges, Hacks, Network, Treasury, FinCEN, Crypto Monitoring, Crypto Transfers, Treasury Department, Fincen, The, States, UNITED STATES, Yellen, TREASURY DEPARTMENT, Hosted Wallets, United, Proposal

Treasury Secretary Nominee Janet Yellen Plans to Encourage Legitimate Crypto Use

Biden's pick to lead the United States Treasury Department, Janet Yellen thinks crypto has potential to enhance the financial system and wants to encourage its legitimate use.

Blockchain News - 22nd Jan 03:01 - TREASURY, UNITED STATES, JANET YELLEN, CRYPTOCURRENCY, REGULATION, Treasury, Biden, Financial System, The United States, Crypto Use, Treasury Department, The, States, Plans, Treasury Secretary, Janet Yellen, Yellen, TREASURY DEPARTMENT, United

US Treasury Department Lacks Power to Pass FinCEN Bill – Coin Center

Statue of Albert Gallatin, the fourth Secretary of Treasury, in front of the Department of Treasury building in Washington, D.C.

CryptoNews - 8th Jan 16:01 - Bitcoin, Treasury, FinCEN, US Treasury, Us, Power, Washington, Treasury Department, Fincen, The, US Treasury Department, Coin Center, TREASURY DEPARTMENT, US TREASURY, Bill

FinCEN's Proposed Crypto Rule Does Not “Follow Proper Procedure”- Coinbase CEO

Coinbase CEO Brian Armstrong criticized the FinCEN's proposed regulatory procedure for cryptocurrencies, calling it ill-advised.

Blockchain News - 5th Jan 09:01 - Regulation, TREASURY DEPARTMENT, FINCEN, COINBASE, BRIAN ARMSTRONG, Coinbase, FinCEN, Brian Armstrong, Fincen, The, CEO, Exchanges

Crypto Players Plea for More Opposition to FinCEN Regulation Proposal

Industry players are urging the crypto community to mount an assault on Washington in a bid to halt an under-fire proposal from the US Treasury Department and the Financial Crimes Enforcement Network (FinCEN).

CryptoNews - 29th Dec 16:12 - Bitcoin, Regulation, Hacks, Treasury, FinCEN, US Treasury, Us, Washington, Treasury Department, Fincen, The, US Treasury Department, TREASURY DEPARTMENT, US TREASURY

US Treasury Unveils Stifling Crypto Wallet Regulation — Experts Break Down the Rules

The Financial Crimes Enforcement Network (FinCEN), a bureau of the US Treasury Department, has unveiled its proposed rules on transactions involving cryptocurrency wallets.

Bitcoin.com - 19th Dec 18:12 - Regulation, Custodian Wallets, Fincen Wallet Regulation, Hosted Wallets, Self-hosted Wallets, Unhosted Wallets, Us Cryptocurrency Regulation, Wallet Regulation, Wallet Rules, Hacks, Network, Treasury, Cryptocurrency Wallets, US Treasury, Us, Break, Crypto Wallet, Treasury Department, The, US Treasury Department, Experts, CRYPTO WALLET, TREASURY DEPARTMENT, US TREASURY

US Treasury Proposes New Rules Regulating Bitcoin and Cryptocurrency Transactions

The Financial Crimes Enforcement Network (FinCEN), an agency of the US Treasury Department, has proposed a new set of rules that would require financial institutions to keep a record of certain transactions sent to private cryptocurrency wallets.

DailyHodl - 19th Dec 10:12 - Regulation, Altcoins, Bitcoin, US Treasury, Hacks, Network, Institutions, Treasury, Cryptocurrency Wallets, Financial Institutions, Us, Private, Treasury Department, The, US Treasury Department, TREASURY DEPARTMENT, US TREASURY, CRYPTOCURRENCY TRANSACTIONS

US Treasury Department Proposes New KYC Requirements for Cryptocurrency Transactions

The US Treasury Department has released a notice concerning a new rule that would require money services businesses and banks to verify identities, keep records, and submit reports of users holding crypto assets in unhosted wallets.

Blockchain News - 19th Dec 08:12 - Regulation, U.S TREASURY DEPARTMENT, KYC REQUIREMENTS, CRYPTOCURRENCY TRANSACTIONS, Treasury, US Treasury, Assets, Us, Treasury Department, The, US Treasury Department, Reports, CRYPTO ASSETS, Businesses, Identities, Records, Users, TREASURY DEPARTMENT, US TREASURY

US Treasury Department Believed to be Hacked by Russians, Bitcoin Bulls Respond “BTC Never Gets Hacked”

The US Treasury Department has been on the receiving line of a huge security breach that saw their internal servers targeted.

Blockchain News - 14th Dec 02:12 - Hacks, BITCOIN, US TREASURY, CYBERCRIME, HACKING, Bitcoin, Treasury, Bitcoin Bulls, US Treasury, Us, Bulls, Russians, Treasury Department, Line, The, Breach, US Treasury Department, Servers, TREASURY DEPARTMENT

'Bitcoin never gets hacked' — crypto players respond to US Treasury breach

"Bitcoin means trusting a SHA256 algorithm more than the US Treasury," quipped Blockfolio. Crypto players were quick to respond to the news that hackers breached the US Treasury Department. According to a report from Reuters, a “sophisticated hacking group” backed by a foreign government — reportedly Russia, according to three people familiar with the investigation — was able to breach the US Treasury Department as well as the National Telecommunications and Information Administration, or NTIA, with the Department of Commerce.

Coin Telegraph - 14th Dec 00:12 - Regulation, Treasury, Hacks, Bitcoin, Commerce, Mining, SHA256, US Treasury, Telecommunications, Us, Investigation, Treasury Department, Algorithm, The, Breach, US Treasury Department, Reuters, TREASURY DEPARTMENT

Latest TREASURY DEPARTMENT News