Latest News Mentioning Department of the Treasury

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Treasury Secretary Janet Yellen said the recent collapse of a major cryptocurrency exchange highlights the need for better oversight of crypto markets. CBS News reported Bahamas-based cryptocurrency exchange FTX recently filed for bankruptcy and is now under investigation over possible securities violations. Yellen said in a statement published Wedn...

The Internal Revenue Service has issued a request for information on potential industry sources of information technology services as the IRS plans to launch a procurement effort for the second iteration of the Integrated Enterprise Portal program. The IRS uses the IEP contract to secure application development, operations, hosting and security serv...

The Financial Stability Oversight Council has released its annual report recommending that state and federal regulators continue to assess risks posed by new uses of digital assets to the financial system and facilitate coordination to address potential issues related to such assets. FSOC said Friday member agencies should consider the recommendatio...

The Department of the Treasury’s office of foreign assets control issued guidance in October to promote compliance with sanctions requirements and due diligence best practices in the virtual currency industry. OFAC said technology companies, miners, wallet providers, exchangers, administrators and other operators in the virtual currency industry p...