Saying crypto posed “a significant detection problem by facilitating illegal activity,” the government body specifically mentioned that crypto businesses were in its crosshairs.
Largest Latin American eCommerce platform adds $7.8M Bitcoin to its treasury
The purchase makes the eCommerce platform the 36th publicly traded company to add Bitcoin to its balance sheet.
Proposed Crypto Wallet Rule Among Those Frozen by Biden Pending Review
President Joseph Biden has frozen all agency rulemaking, including former Treasury Secretary Steven Mnuchin’s controversial proposal on “unhosted wallets,” according to a prominent cryptocurrency lawyer. The story is developing and will be updated.
BitGo to Pay $93K to US Treasury to Settle 183 ‘Apparent’ Sanctions Violations
Bitcoin custodian firm BitGo agreed to pay $93,830 in a settlement pact with the U.S. Treasury over 183 “apparent violations” of multiple sanctions programs.
Bitcoin Trader on US Sanctions Blacklist Says He’s Innocent
An Iranian bitcoin trader added to the U.S. Treasury’s OFAC sanctions list last week claims he’s been wrongfully blacklisted.