Cryptocurrency

White House Wants Input on Crypto Tech R&D Agenda

The feedback will inform priorities for developing digital asset technologies, including potential for a central bank digital currency.

  • By Aaron Boyd

Bipartisan Bill Aims to Prevent Money Laundering via Cryptocurrency Companies

The new legislation would apply existing financial regulations to digital asset wallets.

  • By Alexandra Kelley

FinCEN to Treat Digital Asset Regulation as a 'Key Priority,' Director Says

As digital currencies and assets continue to go unregulated, federal law enforcement is actively engaged in developing guidance to prevent financial crime.

  • By Alexandra Kelley

Lawmakers Discuss Crypto Regulatory Bill Following FTX Collapse

Members on the Senate Agriculture Committee consider applying classic market restrictions to the digital asset marketplace with financial regulators.

  • By Alexandra Kelley

Capitol Hill Presses Crypto Exchanges Post-FTX Bankruptcy

Lawmakers launch probes into financial details of cryptocurrency exchanges as federal regulators stay quiet on FTX investigations.

  • By Alexandra Kelley

Compliance First, Penalty Second as Feds Implement Crypto Regulations

Officials within federal law enforcement described the critical role private sector communication will play in developing digital asset regulatory guidance.

  • By Alexandra Kelley

Lawmakers Question Revolving Door Between Government and Crypto Industry

A group of Democratic lawmakers issued letters to several financial regulatory agencies in a bid to examine the growing trend of former public servants working for digital asset companies.

  • By Alexandra Kelley

Many Digital Assets are ‘Rife With Risks,’ Fed Official Warns

The Federal Reserve underscored the volatility that comes with digital currencies while speaking to the agency’s other modernization efforts.

  • By Alexandra Kelley

Treasury Fines Crypto Mixer on Money Laundering

The Financial Crimes Enforcement Network imposed over $29 million in fines for Bank Secrecy Act violations.

  • By Alexandra Kelley

Cryptocurrencies 'Could Pose Risks' to Stability of US Economy, Treasury Warns

The Department of Treasury’s Financial Stability Oversight Council delivered research on cryptocurrency regulation recommendations, noting the importance of legislative participation.

  • By Alexandra Kelley

Justice Officials Release Framework for Policing Crime in Crypto Space

Complimenting the new national digital asset framework, law enforcement is planning similar steps to combat crime in the crypto marketplace. 

  • By Alexandra Kelley

White House Releases Holistic Digital Asset Regulatory Framework

Several agencies contributed to the new framework, as the Biden administration eyes a streamlined approach to regulating and benefitting from the volatile digital asset marketplace.

  • By Alexandra Kelley

What Is Proof-of-Stake? A Computer Scientist Explains a New Way to Make Cryptocurrencies, NFTs and Metaverse Transactions

This new way focuses on energy efficiency.

  • By Scott Ruoti , The Conversation

House Lawmaker Asks 9 Entities to Illuminate Crypto’s Security Concerns

Rep. Raja Krishnamoorthi issued nine letters to regulatory agencies and crypto trading platforms alike asking for future plans, emphasizing consumer protections.

  • By Alexandra Kelley
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IRS Executes Summons for Financial Records of Crypto Transactions

The federal regulatory agency is asking for details from trading platform sFOX on users who engaged in at least $20,000 worth of transactions. 

  • By Alexandra Kelley

Crypto Mining's Energy Consumption Draws Additional Concern from Lawmakers

Leadership on the Energy & Commerce Committee sent four letters to crypto mining platforms about the potentially “severe” impacts of generating the digital currencies.

  • By Alexandra Kelley

Banks' Ability to Conduct Cryptocurrency Transactions Comes Under Senators' Fire

Letters issued by the Department of Treasury’s Office of the Comptroller of the Currency allow banks to engage in digital currency transactions that are considered financially sound.

  • By Alexandra Kelley

Treasury Sanctions Cryptocurrency Mixer

The online digital money platform has proven to act as a haven for cyber criminals looking to launder illegal cryptocurrencies.

  • By Alexandra Kelley

Bipartisan Senators Want Commodity Regulations For Crypto

A new bill would task the Commodity Futures Trading Commission with imposing more consumer protections and other oversight regulations on digital asset trading.

  • By Alexandra Kelley

Warren Set to Introduce New Bill Targeting Crypto Scams

The Democratic senator said she will unveil new legislation to better regulate cryptocurrency investment from larger firms “vampire sucking” money from smaller entities.

  • By Alexandra Kelley

Prolific Crypto Market Demands Regulation, Investor Education, Experts Say

Financial regulation experts tell Congress a lack of regulation on digital currencies and lending exacerbates lack of consumer education.

  • By Alexandra Kelley