# With Yellen confirmed, Treasury moves forward with stalled crypto monitoring rule

# With Yellen confirmed, Treasury moves forward with stalled crypto monitoring rule

“# With Yellen confirmed, Treasury moves forward with stalled crypto monitoring rule ” The United States Treasury Department’s now-infamous proposal to require information on crypto transfers from exchanges to self-hosted wallets is back in motion. Per a Tuesday announcement from the Financial Crimes Enforcement Network, or FinCEN, stakeholders will have another 60 days to respond to…

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# Goldman Sachs CEO: Regulators should be ‘hyperventilating’ at Bitcoin’s success

# Goldman Sachs CEO: Regulators should be ‘hyperventilating’ at Bitcoin’s success

“# Goldman Sachs CEO: Regulators should be ‘hyperventilating’ at Bitcoin’s success ” Goldman Sachs senior chairman Lloyd Blankfein has stated that regulators should be “hyperventilating” in response to Bitcoin’s recent success, characterizing the crypto asset as undermining the capacity for lawmakers to monitor the financial system. While appearing on CNBC’s Squawk Box on Jan. 25,…

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# The United States updates its crypto AML/CFT laws

# The United States updates its crypto AML/CFT laws

“# The United States updates its crypto AML/CFT laws ” Against great push back from the crypto industry and as the price of Bitcoin (BTC) reached new all-time highs several times during the last couple of months, the United States has updated its cryptocurrency Anti-Money Laundering/Combating the Financing of Terrorism laws. Related: COVID-19 pandemic spurs…

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