US Could Put Crypto Wallets on OFAC Sanctions List
The Treasury Department may start publishing wallet addresses along with the names of people and organizations with whom it forbids doing business.
Tensions with Iran may be behind U.S. Treasury Secretary Steven Mnuchin’s cryptocurrency compliance comments on Wednesday.
U.S. Treasury Secretary Steven Mnuchin said FinCEN is preparing "significant new requirements" around cryptocurrencies to tamp down illicit activity.
The pair is accused of having stolen $16.8 million from customers of three different crypto exchanges, including two in the U.S.
“There was a clear agreement ... that Libra, in particular, raises some very significant concerns, and cryptocurrencies more broadly," said Mnuchin.
The chief of New York's financial regulatory body said Tuesday that the agency is "fiercely opposed" to regulatory sandboxes for fintech firms