Bittrex Fined $53 Million for Allegation and Sanction Violation Settlement

Bittrex, Inc. (Bittrex), a cryptocurrency exchange with headquarters in Bellevue, Washington, has reached settlements with the Office of Foreign Assets Control (OFAC) and the Financial Crimes Enforcement Network (FinCEN) of the U.S. Department of the Treasury. The settlements were for sums totaling over $24 million and $29 million, respectively. The current enforcement action against virtual […]

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US Treasury Department Imposes Sanctions on Russian Crypto Mining Firm Bitriver

The invasion of Ukraine by Russia last over 2 months, The U.S. strengthens sanctions over Russia, adding Bitriver to the sanctions list in connection with its ties to the Russian economy. (Read More)

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The US Treasury Department Launches Crypto ‘Education’ Program

It looks like the US government is making sure to do their homework on digital assets. What could this mean for the future of crypto regulation? Covered: US Treasury Department Crypto Education What This Means For Crypto Regulation We’ve had a lot of back and forth between Congress officials over the future of digital assets […]

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Digital Currencies Impede US Treasury Sanction Efforts, Report says

The United States Treasury Department revealed that digital currencies pose a critical impediment to sanctions strategy and policies. (Read More)

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US Republican lawmakers call on Treasury to explain recent cyber breach

Two congressional Republicans are calling for a briefing from the Treasury Department about the recent cyber breach by an alleged China-backed hacker.

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