U.S. Treasury

Will FedNow’s July Launch Make Crypto and Stablecoins Redundant?
Will FedNow’s July Launch Make Crypto and Stablecoins Redundant?
April 03, 2023  |  Payment Methods

Digital is often a one-way street, and the finance sector appears to be taking it. This is as the future of money movement looks set...

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FDIC Moves SVB Deposits to National Bank of Santa Clara
FDIC Moves SVB Deposits to National Bank of Santa Clara
March 13, 2023  |  Banking

Federal regulators have transferred all deposits from the failed Silicon Valley Bank to a new “bridge bank.” The Federal Deposit Insurance Corporation (FDIC) said in...

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Regulators Say Silicon Valley Bank Depositors Will Be Covered
Regulators Say Silicon Valley Bank Depositors Will Be Covered
March 12, 2023  |  Banking

Federal regulators have thrown Silicon Valley Bank (SVB) customers a lifeline. Officials from the Federal Reserve, Federal Deposit Insurance Corporation and the U.S. Treasury announced...

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Signature Bank Shut Down and Placed Under FDIC Control
Signature Bank Shut Down and Placed Under FDIC Control
March 12, 2023  |  Banking

Regulators have closed down crypto-friendly lender Signature Bank in an attempt to stave off a banking crisis. The Federal Reserve, Federal Deposit Insurance Corporation (FDIC)...

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Treasury Crypto Reports Long on Detail, Short on Urgency
Treasury Crypto Reports Long on Detail, Short on Urgency
September 16, 2022  |  Cryptocurrency

Anyone expecting the blueprints for legislation to regulate cryptocurrencies from the three reports the Treasury Department released Friday (Sept. 16) will be sorely disappointed. While...

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Partisan Fight over Digital Dollar Looms Larger
Partisan Fight over Digital Dollar Looms Larger
September 09, 2022  |  Cryptocurrency

Reports that the Treasury Department is behind building a digital dollar before deciding whether to launch it will set off a partisan battle in Washington...

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Sanctions Against Crypto Mixer Raise Broader Compliance Fears
Sanctions Against Crypto Mixer Raise Broader Compliance Fears
August 16, 2022  |  Cryptocurrency

It’s not just the libertarians who are concerned about the implications of the U.S. blacklisting a crypto mixing site allegedly used by North Korean hackers....

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Tornado Cash Arrest Signals Gathering AML Storm for DeFi Developers
Tornado Cash Arrest Signals Gathering AML Storm for DeFi Developers
August 12, 2022  |  Cryptocurrency

The arrest of a Tornado Cash developer in the Netherlands just days after U.S. authorities blacklisted the crypto mixing service for its alleged use by...

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Today in Data: Behind the U.S. Cryptocurrency Executive Order
Today in Data: Behind the U.S. Cryptocurrency Executive Order
March 11, 2022  |  Cryptocurrency

U.S. Treasury wants to launch crypto literacy education for potential investors. Plus, Biden looks to fast-track cryptocurrency policy with executive order and crypto businesses embrace...

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