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...
Himamauli Das, a senior managing director and co-head of CFIUS advisory services at K2 Integrity, has been named acting director of the Department of the Treasury’s Financial Crimes Enforcement Network. Juan Zarate, global co-managing partner and chief strategy officer at K2 Integrity and previous Wash100 awardee, said in a statement Tuesday...
The Department of the Treasury’s office of foreign assets control has asked information on potential sources of commercial online tools that could be used to track transactions involving Bitcoins and other virtual currencies, Nextgov reported Friday. Tracing blockchain-based transactions will help OFAC’s office of global targeting collect attrib...
Isabel Guzman, director of California's Office of the Small Business Advocate, has been nominated by President-elect Joe Biden to serve as head of the Small Business Administration. The Biden transition team also announced the nominations of Rhode Island Gov. Gina Raimondo and Boston Mayor Martin Walsh to lead the departments of Commerce and La...
Four Points Technology will help the Department of the Treasury manage a shared services platform for commercial cloud offerings under a potential five-year, $340M task order....
The Department of the Treasury has awarded 12 companies positions on a potential five-year, $625M blanket purchase agreement for shared financial management support services, FedScoop reported Wednesday....
The Department of the Treasury considers safeguarding a $17B loan program for eligible national security companies under the Coronavirus Aid, Relief and Economic Security Act in the event that Boeing (NYSE: BA) and General Electric (NYSE: GE) find themselves in need of funds, Bloomberg reported Tuesday. Both companies have raised funds through bo...
Less than 20 defense companies have applied for $17B worth of loans under the Coronavirus Aid, Relief and Economic Security Act and Ellen Lord, undersecretary for acquisition and sustainment at the Department of Defense and a 2020 Wash100 awardee, said the Treasury Department is working with DoD as it considers how to expand the eligibility requir...
The Department of the Treasury will require publicly traded defense contractors and other national security firms applying for loans under the Coronavirus Aid, Relief and Economic Security Act to provide “appropriate financial instruments” such as equity stakes and warrants, Reuters reported Friday....
The Department of the Treasury plans to make an investment of more than $1.5B in the next 10 years to move its data and systems to the cloud, Bloomberg Government reported Tuesday....
