US Treasury Department – DIGIT INFO

US Republican lawmakers call on Treasury to explain recent cyber breach

DIGIT — Fri, 03 Jan 2025 06:46:23 +0000

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

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Janet Yellen Admits Crypto Has Benefits — Says Treasury Working on Crypto Regulation

DIGIT — Sun, 27 Mar 2022 01:30:00 +0000

U.S. Treasury Secretary Janet Yellen has admitted that there are benefits to cryptocurrency. Crypto has grown by leaps and bounds and is now “playing a significant role” in the investment decisions of lots of Americans, Yellen said, adding that the Treasury Department is working on regulatory recommendations for healthy innovation. Treasury Secretary Yellen Sees Benefits […]

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US Treasury Targets Crypto Exchanges in Whole-of-Government Effort to Counter Ransomware

DIGIT — Thu, 23 Sep 2021 00:30:53 +0000

The U.S. Department of the Treasury has taken actions targeting cryptocurrency exchanges “responsible for laundering ransoms” as part of the whole-of-government effort to counter ransomware. One cryptocurrency exchange has already been sanctioned along with related crypto addresses. “We will continue to crack down on malicious actors,” said Treasury Secretary Janet Yellen. US Government Targets Crypto […]

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US Treasury Department Officials Discuss ‘Risks and Benefits Posed by Stablecoins’ With Players From Financial Industry

DIGIT — Mon, 13 Sep 2021 08:49:49 +0000

The U.S. Treasury Department is reported to have held meetings with participants from the country’s financial industry to discuss “the risks and benefits posed by stablecoins.” In addition, officials are said to have used the meetings to discuss “whether stablecoins would require direct oversight if they become extremely popular.” Policymakers Alarmed by Growth of Crypto […]

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US Treasury Warns Investors About Petro “Cryptocurrency”

DIGIT — Fri, 19 Jan 2018 20:19:06 +0000

Venezuela’s Petro cryptocurrency has made a lot of media headlines over the past few weeks. For now, it still remains unclear how well this project will fare, especially because the country’s Senate has no plans to approve it. It seems the US Treasury Department is warning investors regarding the new cryptocurrency. It is possible that this form of money violates sanctions against the OPEC nation’s socialist government. The Petro Can’t Catch a Break On paper, the Petro cryptocurrency sounds absolutely legitimate. It is a currency controlled by a central entity and it is backed by the country’s vast oil reserves. There

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