The US Treasury and IRS released final regulations defining the new reporting requirements for digital asset brokers on June 28. Crypto …
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U.S. Regulation
U.S. Treasury Official Targets Tether USDT Stablecoin in Russian Sanction Evasion
by Terron Goldby Terron GoldUS Treasury Deputy Secretary Adewale Adeyemo said Russia was increasingly using alternative payment mechanisms like Tether’s USDT stablecoin to bypass economic sanctions, according to his written …
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U.S. Regulation
Tornado Cash Developer Gets Help in Court From Blockchain Advocacy Groups
by Terron Goldby Terron GoldThree blockchain advocacy groups have filed amicus curiae briefs on April 5 to defend Tornado Cash developer Roman Storm from …
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U.S. Regulation
U.S. Treasury Secretary Yellen Asks Congress For Oversight of Spot Crypto Markets
by Terron Goldby Terron GoldU.S. Treasury Secretary Janet Yellen is set to tell Congress that the crypto industry poses several potential hazards to the …
