A former employee at a commercial bank in the US just pleaded guilty to accepting bribes to open more than 100 accounts …
Department
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Regulation
House clears HB 1664, setting Commerce Department as lead federal blockchain coordinator
by shayaanby shayaanThe House passed HB 1664 on June 26, which designates the Secretary of Commerce as the President’s principal advisor on matters involving …
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Regulation
Iranian International Behind Robbinhood Ransomware Scheme Pleads Guilty – U.S. Department of Justice
by shayaanby shayaanAn Iranian man is pleading guilty to being the mastermind behind the Robbinhood ransomware scam. According to a recent press release by …
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The US Department of Labor (DOL) formally rescinded a 2022 compliance release that discouraged fiduciaries from offering crypto investment options in 401(k) retirement …
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Regulation
U.S. Labor Department Picks Up Crypto Torch, Throws Out Previous Warnings
by shayaanby shayaanThe U.S. Department of Labor is reversing its earlier caution about including crypto investments in people’s retirement savings, arguing that issuing warnings …
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Regulation
Court Prohibits Department of Treasury from Reinstating the Original Sanctions
by shayaanby shayaanThe Tornado Cash victory against OFAC is a major milestone for the web3 and DeFi development in the United States and globally. …
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Finance
Dubai Land Department and VARA to tokenize real estate for fractional investments
by shayaanby shayaanDubai government represented by the Dubai Land Department has commenced its foray into fractional ownership using tokenization of the real estate registry …
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Regulation
U.S. Department of the Treasury Sanctions Eight Crypto Wallets Allegedly Tied to Iran-Backed Houthi Rebels
by shayaanby shayaanThe U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) has imposed sanctions against a network of financial facilitators and …
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Finance
Trump demands that the Treasury Department ‘modernize and centralize’ its payment system
by shayaanby shayaanPresident Donald Trump on Tuesday signed two executive actions forcing the Treasury Department to move fast on modernizing how the federal government …
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Regulation
U.S. Treasury Department Sees No Need for Final Judgement in Tornado Cash Sanctions Suit: Report
by shayaanby shayaanThe U.S. Treasury Department is reportedly asking a federal judge to not make a final ruling in the Tornado Cash sanctions lawsuit, …