Persistent unemployment and fears of further layoffs are the real economic counterpoint to the financial market’s unbridled enthusiasm.
Trump Told Treasury Secretary to ‘Go After’ Bitcoin, Bolton Book Reportedly Claims
Former national security advisor John Bolton is said to have revealed the conversation in his book, scheduled for publication next week.
Coinbase Chief Legal Officer Leaves to Take Senior Role at US Bank Regulator
Coinbase chief legal officer Brian Brooks will be the new COO and first deputy at Office of the Comptroller of the Currency, which oversees banking regulation in the U.S.
Iran Concerns May Be Driving Trump Administration’s Talk of New Crypto Rules
Tensions with Iran may be behind U.S. Treasury Secretary Steven Mnuchin’s cryptocurrency compliance comments on Wednesday.
US Financial Crimes Watchdog Preparing ‘Significant’ Crypto Rules, Warns Treasury Secretary Mnuchin
U.S. Treasury Secretary Steven Mnuchin said FinCEN is preparing “significant new requirements” around cryptocurrencies to tamp down illicit activity.
Mnuchin ‘Fine’ With Libra Launch, But Crypto Project Must ‘Fully’ Comply With AML Rules
Steven Mnuchin, secretary of the U.S. Treasury, has no issue with the launch of the Facebook-led Libra project – as long as financial rules are followed to the letter.
US Treasury Secretary Mnuchin Is ‘Not Comfortable’ With Facebook’s Libra
In a press conference Monday, Mnuchin voiced the Trump administration’s concerns with Facebook’s Libra and cryptocurrencies like bitcoin.