Federal departments implement actions to curb fraud and money laundering. Administration officials spoke last week about the publishing of reports identifying gaps in cryptocurrency regulation. The reports call…
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Departments of State and Treasury Sanction Blender.io
Virtual currency mixer used heavily by North Korea. The Department of the Treasury sanctioned virtual currency mixer Blender.io (Blender) last week in partnership with the Department of State.…
Read MorePresident Orders Study of Cryptocurrency Risk
Wants consideration of creating a U.S. digital currency. President Biden signed an executive order last week instructing agencies across the federal government to study the possible risks presented…
Read MoreFBI Currently Forming Cryptocurrency Team
Will work closely with first director of enforcement team. The Department of Justice announced that the FBI is forming a team to work in tandem with the department’s…
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IRS Seeks Authority to Regulate Cryptocurrencies
The agency is also asking Congress for additional resources. Charles Rettig, Commissioner of the Internal Revenue Service, has asked Congress for new authority and resources in order to…
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