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U.S. Treasury's Financial Crimes Enforcement Network withdrew two proposed crypto rules Monday, including a 2020 plan to require reports on self-hosted wallet transfers above $10,000. Key Points: FinCEN withdrew a 2020 proposal that would have required reports on self-hosted wallet transfers above $

Key Points US Treasury's OFAC designated BitBank as a priority Iranian digital asset target today. The action is part of Operation Economic Outcast, targeting Iran's crypto-based sanctions evasion. BitBank joins a broader list of Iranian entities using digital assets to circumvent US sanctions. The

Wall Street’s next blockchain chapter may be led less by crypto-native startups and more by the banks, exchanges and market infrastructure firms that already control traditional finance. A new Citi Institute report on Monday projected the tokenized financial asset market could grow from about $17 bi

The U.S. Treasury Department is moving to provide cybersecurity intelligence directly to cryptocurrency firms, aiming to strengthen defenses across the digital asset sector, days after North Korean hackers allegedly drained an estimated $285 million from Drift Protocol, after manipulating oracle pri

The U.S. Treasury on Wednesday outlined how new regulatory requirements for stablecoin issuers would be used to curb illicit finance, proposing rules that bring payment stablecoins under anti-money laundering and sanctions compliance regimes as part of the GENIUS Act framework. In a joint proposal i