Tokenization is the process of converting over $1 billion worth of US Treasury bonds into digital representations that are stored on open blockchains. These...
Administrative forfeiture is an in rem (against the property) action that allows the property to be forfeited to the United States without filing a case in federal court. The administrative forfeiture process...
The Treasury Department and the Internal Revenue Service have extended the deadline for submitting comments on their proposed crypto regulations by two weeks. The...
Three BRICS members are selling US Treasury bonds for many, many billions of dollars. China’s ownership of Treasury securities fell sharply from $821.5 billion...
In response to a request for opinions on the taxation of digital assets, Polygon Labs utilized an innovative comparison to explain crypto staking to...
Half of China’s currency reserves are “hidden,” a situation that may add risks to the global economy down the road, former Treasury Department official...
The Treasury Department said that DeFi services which are non-compliant with anti-money laundering and countering the financing of terrorism (AML/CFT) controls pose the most...
detailing the Biden Admin’s coordinated, ongoing effort across virtually every US financial regulator to deny crypto firms access to banking services What began as...
The Internal Revenue Service is delaying new requirements that require third-party settlement organizations like PayPal and Venmo to report transactions that exceed a minimum...