Sections
U.S. Treasury
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1.6KCryptocurrencyLibra To Face Strict Standards To Prevent Money Laundering, Terrorism Financing
The Geneva-based, Facebook-led Libra cryptocurrency will have to adhere to stringent regulations, Reuters reported on Tuesday (Sept. 10). U.S. Under Secretary of...
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6.2KLatin AmericaUS Mulls Banning Visa, Mastercard From Processing In Venezuela
The U.S. might prohibit Visa, Mastercard and other financial institutions (FIs), such as SWIFT, from processing transactions in Venezuela. Citing a senior Trump...
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4.3KBitcoinBitcoin Daily: US Treasury Penalizes Petro-Backing Moscow Bank; China Tops US In Blockchain Patents
The U.S. Department of the Treasury announced sanctions against a Moscow-based bank because it helped finance Venezuela’s petro cryptocurrency. “The illegitimate Maduro regime...
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5.6KRegulationUS Treasury: Taxes On Digital Companies Are Discriminatory
A U.S. Treasury official said a French tax plan targeting American digital companies is discriminatory against American businesses. Reuters reported that Chip...
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4.0KCryptocurrencyGlobal Standard For Crypto AML In The Works
The leader of the global anti-money laundering (AML) task force said he was “optimistic” that it is closer to establishing worldwide standards...
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4.2KRegulationTrump Administration Shrinks Finance Watchdog
The Trump administration is laying off 40 staff members at the Office of Financial Research (OFR), an independent bureau that analyzes market...
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6.5KBank RegulationAI, Security And Loosened Rules: How The US Wants To Boost FinTech
Loosening federal regulations, enacting national data breach protections and drafting “model laws” at the state level to reduce overlapping red tape, could...
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5.3KInternationalTencent, Alibaba, JD.com US Investments Could Be Trade War Casualty
The Trump administration might be introducing a new initiative that would restrict investment in U.S. tech firms by Chinese companies, as well...
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4.7KRegulationTreasury Department Asks For Relaxed Penalties For Community Reinvestment Act
The Treasury Department has recommended that U.S. regulators ease up on penalties for banks that fail to adhere to the Community Reinvestment...
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3.2KInternationalLatvian Defense Ministry Says Corruption Allegations Are Fake News
The Latvian Defense Ministry is contending that corruption allegations — which resulted in the suspension of a central bank governor on Tuesday...
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4.9KRegulationTreasury Eyes Cryptocurrencies For Money Laundering
The U.S. Treasury’s financial crime unit is picking up enforcement of cryptocurrency platforms that don’t have strong internal mechanisms in place to...
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2.4KB2B PaymentsUS Lawmakers’ Gentle Approach To Alt-Lending Regulation
Industry experts have been anticipating the regulatory crackdown of the alternative lending market for some time. After all, there are far more...
