US Finance Regulators Form Crypto Working Group, Says Mnuchin
Steven Mnuchin said on Friday that the Financial Stability Oversight Council has formed a working group focused on cryptocurrencies.
U.S. Treasury Secretary Steven Mnuchin said FinCEN is preparing "significant new requirements" around cryptocurrencies to tamp down illicit activity.
“There was a clear agreement ... that Libra, in particular, raises some very significant concerns, and cryptocurrencies more broadly," said Mnuchin.
Tensions with Iran may be behind U.S. Treasury Secretary Steven Mnuchin’s cryptocurrency compliance comments on Wednesday.
The chief of New York's financial regulatory body said Tuesday that the agency is "fiercely opposed" to regulatory sandboxes for fintech firms
The Treasury Department may start publishing wallet addresses along with the names of people and organizations with whom it forbids doing business.