Treasury Department

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

(source: home.treasury.gov)

US Treasury Promotes Bank-FinTech Partnerships
US Treasury Promotes Bank-FinTech Partnerships
November 16, 2022  |  Bank Regulation

The U.S. Department of the Treasury issued a report Wednesday (Nov. 16) encouraging collaboration between banks and FinTechs, provided it is done responsibly. The report...

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Hopes for Crypto Regulations Fade as Midterm Elections Approach
Hopes for Crypto Regulations Fade as Midterm Elections Approach
October 05, 2022  |  Cryptocurrency

Neither the House of Representatives nor the Senate will pass a crypto regulation bill before the elections next month. That’s a pretty safe prediction, given...

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From White House, a Clear Call for Tighter Crypto Controls
From White House, a Clear Call for Tighter Crypto Controls
September 18, 2022  |  Cryptocurrency

The Treasury Department is looking to rein in crypto. It’s hard not to come to that conclusion when looking over the trio of reports it...

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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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