The draft regulation outlines anti-money laundering and sanctions requirements for digital payment issuers. The Financial Crimes Enforcement Network (FinCEN)and the Office of Foreign Assets Control (OFAC) recently introduced…
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Treasury Secretary Urges Senate to Take Up Cryptocurrency Legislation
The bill was passed by the House in the summer of 2025. Treasury Secretary Scott Bessent is encouraging the U.S. Senate to pass the CLARITY Act. The legislation,…
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President Trump Pardons Binance Cryptocurrency Founder
The Binance cryptocurrency exchange founder had pleaded guilty to money laundering. President Donald Trump pardoned Binance cryptocurrency exchange founder Changpeng Zhao, who pleaded guilty to money laundering charges…
Read MorePresident Signs GENIUS Act into Law
He said the cryptocurrency legislation will make the U.S. the “crypto capital of the world.” President Donald Trump has signed three cryptocurrency bills into law, which were passed…
Read MoreSenate Passes GENIUS Act to Regulate Stablecoin
The framework would tie the cryptocurrency to the U.S. dollar. The Senate passed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act this week which proposes…
Read MoreSenate Advances Stablecoin Legislation
Arizona senator says he hopes to “achieve a final bill that protects consumers and ensures America remains a leader in digital asset innovation.” The Senate garnered enough votes…
Read MoreStablecoin Crypto Framework Legislation Blocked in Senate
The Genius Act failed to receive the required two-thirds support. Debate for the GENIUS Act ended on Thursday as a potential legal framework for a form of cryptocurrency…
Read MoreSEC to Host Crypto Custody Roundtable on Regulatory Integration
The event will explore legal and operational challenges in safeguarding digital assets. The U.S. Securities and Exchange Commission (SEC) will hold a public roundtable titled “Know Your Custodian:…
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India Commits to Repatriating Immigrants from the U.S.
They let President Trump know they will work with his administration to avoid tariffs. As President Donald Trump implements his immigration policies, the nation of India agreed to…
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Treasury Department Developing Digital Dollar Technology
Legislators are looking at official cryptocurrency. The Treasury Department’s Under Secretary for Domestic Finance, Nellie Liang, said the administration is developing technology that would help create a central bank…
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