U.S. Treasury

PPP’s Banker Versus Borrower Dilemma
PPP’s Banker Versus Borrower Dilemma
May 01, 2020  |  SMBs

Since the launch of the Paycheck Protection Program (PPP) in early April, the single-minded focus of the U.S. Treasury, the banks approved to process PPP loans and...

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Bitcoin Daily: Lloyd’s Now Covers Crypto In eWallets; U.S. Treasury Adds Hacker Bitcoin Addresses To Blacklist
Bitcoin Daily: Lloyd’s Now Covers Crypto In eWallets; U.S. Treasury Adds Hacker Bitcoin Addresses To...
March 02, 2020  |  Bitcoin

Lloyd’s of London, the insurance firm, is supporting a new policy that protects digital currency held in digital wallets from hackers, Coindesk reported on Monday...

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IRS Questioned Over Corporate Auditing Lag
IRS Questioned Over Corporate Auditing Lag
October 25, 2019  |  B2B Payments

The U.S. Treasury Inspector General for Tax Administration is calling into question the Internal Revenue Service’s corporate auditing performance. Bloomberg reported on Thursday (Oct. 24)...

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Libra To Face Strict Standards To Prevent Money Laundering, Terrorism Financing
Libra To Face Strict Standards To Prevent Money Laundering, Terrorism Financing
September 10, 2019  |  Cryptocurrency

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 Terrorism and Financial...

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US Mulls Banning Visa, Mastercard From Processing In Venezuela
US Mulls Banning Visa, Mastercard From Processing In Venezuela
March 15, 2019  |  Latin America

The U.S. might prohibit Visa, Mastercard and other financial institutions (FIs), such as SWIFT, from processing transactions in Venezuela. Citing a senior Trump administration official, Reuters...

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Bitcoin Daily: US Treasury Penalizes Petro-Backing Moscow Bank; China Tops US In Blockchain Patents
Bitcoin Daily: US Treasury Penalizes Petro-Backing Moscow Bank; China Tops US In Blockchain Patents
March 14, 2019  |  Bitcoin

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 has profited off...

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US Treasury: Taxes On Digital Companies Are Discriminatory
US Treasury: Taxes On Digital Companies Are Discriminatory
March 12, 2019  |  Regulation

A U.S. Treasury official said a French tax plan targeting American digital companies is discriminatory against American businesses. Reuters reported that Chip Harter, the U.S....

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Global Standard For Crypto AML In The Works
Global Standard For Crypto AML In The Works
September 20, 2018  |  Cryptocurrency

The leader of the global anti-money laundering (AML) task force said he was “optimistic” that it is closer to establishing worldwide standards that apply to...

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Trump Administration Shrinks Finance Watchdog
Trump Administration Shrinks Finance Watchdog
August 09, 2018  |  Regulation

The Trump administration is laying off 40 staff members at the Office of Financial Research (OFR), an independent bureau that analyzes market trends to detect...

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