GSA Auctions Another Series of Crypto, Valued at $268K

The General Services Administration is auctioning off several lots of cryptocurrencies as the federal government looks to wade into the volatile asset class.

Latest Crypto Regulation Bill Defines Stablecoins and Pushes For Interagency Cooperation

More bipartisan legislation seeks to regulate digital assets in the U.S. and offers a widely-encompassing framework for buying and selling cryptocurrency.

Trackers Say Sanctions Against Crypto Exchanges Are Working in Ransomware Fight

One witness testifying before the Senate Homeland Security and Governmental Affairs Committee called for greater international enforcement against money laundering.

Lawmakers Debate Government Sanctioned Digital Currency

Fed Board of Governors Vice Chair Lael Brainard said stablecoins could work with CBDCs, but focus will shift to research and cybersecurity protections.

ACLU Spearheads Letter to Fed Imploring Anonymity in Cryptocurrencies

A dozen civil rights groups penned a letter to the Federal Reserve underscoring the need to preserve human rights—like privacy—in researching a U.S. digital currency.

Global Financial Crimes Organization Releases Guide on NFTs

The report, issued by the Joint Chiefs of Global Tax Enforcement, intends to help guide public and private entities when participating in the growing NFT market. 

Report: Four Cybercrime Statistics To Watch

Romance scams are on the rise and so is blockchain hacking. 

Federal Law Enforcement Warns Against Hackers Targeting Crypto Companies

Three agencies warned that North Korean-sponsored Lazarus Group and subsidiaries are targeting companies linked to blockchain technology and working with crypto and NFTs.

Treasury Sanctions Russian 'Hydra' Dark Net, Major Crypto Trading Platform

The U.S. imposed new sanctions on Hydra Market and Garantex as it continues cryptocurrency laundering crackdowns. 

Lawmakers Move to ‘Crack Down’ on Dark Web-Based Opioid Trafficking

Three agencies could be required to report on the use of cryptocurrency for drug dealing on the dark web.

Wyden Concerned Crypto Companies are Using Low-Income Zones As Tax Havens

The senator issued a letter to two cryptocurrency companies and one CPA on their business activities in low-income areas.

Financial Regulator Says Use of Crypto Helps—not Hurts—Ransomware Investigations

Senators left and right are using the Colonial Pipeline hack and Russia’s invasion of Ukraine as reasons to both regulate and avoid regulating cryptocurrencies.

Warren Spearheads Crypto Sanctions Against Russia With New Bill

Democratic Senators aim to regulate international digital asset transactions to prevent Russian actors from evading sanctions amid war with Ukraine.

Biden Executive Order Takes Major Steps Toward Regulating Cryptocurrencies

The president will sign an executive order regulating the growing industry, announcing the exploration of a possible government-backed currency and addressing national security and equity concerns.

SEC to Meet on Cybersecurity Amid Fear of Russian Threat to Financial Sector

Former officials are also urging confirmation of Biden’s nominee to the Federal Reserve to strengthen banks’ resilience in the event of emergent risks following the Kremlin’s invasion of Ukraine.

Russian Aggression Hastens Lawmakers' Push to Enforce Sanctions in Crypto Industry

The Justice Department also launched a ‘KleptoCapture’ task force to target the use of cryptocurrencies for sanctions evasion.