Treasury Department

(Jesse Hamilton/CoinDesk)
US Risk Watchdog Asks Congress to Name Crypto Spot Market Regulator
The Treasury-led Financial Stability Oversight Council has responded to President Joe Biden’s executive order with calls for greater regulatory reach into markets, crypto firm...
(Jesse Hamilton/CoinDesk)

The U.S. Department of the Treasury (Jesse Hamilton/CoinDesk)
US Treasury to Recommend Issuing Digital Dollar if in National Interest: Source
The Treasury Department, in what may be its most important recommendation spurred by President Joe Biden’s executive order on crypto, will suggest how to move forward on a CBD...
The U.S. Department of the Treasury (Jesse Hamilton/CoinDesk)

U.S. Secretary of State Antony Blinken (Spencer Platt/Getty Images)
US Secretary of State Tweets, Deletes Claim That Crypto Mixer Tornado Cash Is North Korea-Sponsored
One hour and three minutes later, Anthony Blinken tweeted what the Treasury Department actually alleges: Tornado Cash was only used by a DPRK-sponsored group.
U.S. Secretary of State Antony Blinken (Spencer Platt/Getty Images)

Tornado Cash co-founder Roman Semenov (Roman Semenov)
US Government Amps Up Inevitable Clash With Crypto Privacy in Tornado Cash Blacklisting
The Treasury Department says Tornado Cash abetted laundering of $7 billion, but that’s not likely to quiet crypto enthusiasts as they fight to stay anonymous.
Tornado Cash co-founder Roman Semenov (Roman Semenov)

(Shutterstock)
Crypto-Mixing Service Tornado Cash Blacklisted by US Treasury
The department barred its use by U.S. persons as a matter of national security because North Korean hackers allegedly use the mixer to launder stolen crypto funds.
(Shutterstock)

Nellie Liang, the U.S. Treasury Department's undersecretary for domestic finance, says nonbanks deserve a path to become government-approved stablecoin issuers. (Jesse Hamilton/CoinDesk)
US Treasury Open to Nonbanks Issuing Stablecoins, Official Says
Though regulators called for issuers to be regulated as banks last year, Nellie Liang argues the category is wider than it might seem.
Nellie Liang, the U.S. Treasury Department's undersecretary for domestic finance, says nonbanks deserve a path to become government-approved stablecoin issuers. (Jesse Hamilton/CoinDesk)

Treasury Secretary Janet Yellen at American University in April 2022 (Jesse Hamilton for CoinDesk)
US Treasury Opens Door for Public Comments on Biden’s Crypto Order
The U.S. agency will accept comment letters by Aug. 8 on the president’s March order to establish a regulatory regime for crypto.
Treasury Secretary Janet Yellen at American University in April 2022 (Jesse Hamilton for CoinDesk)

(Image modified by CoinDesk)
Digital Dollar Could Be Good for Financial Stability, US Federal Researchers Say
Though critics of a central bank digital currency have warned it could amplify bank runs, the Office of Financial Research says it may actually help.
(Image modified by CoinDesk)

Treasury Secretary Janet Yellen (Alex Wong/Getty Images)
US Treasury Develops 'Framework' for International Crypto Regulation
The document is the first publication from the department to stem from President Biden's executive order on digital assets.
Treasury Secretary Janet Yellen (Alex Wong/Getty Images)