Tagged: steven mnuchin

US Treasury Secretary Mnuchin “I Won’t Be Talking About Bitcoin in Ten Years”

U.S. Treasury Secretary Steve Mnuchin told an interviewer at CNBC’s Squawk Box July 24th that he, “won’t be talking about Bitcoin in 10 years. I can assure you that.” “But you might be talking about it in six years…as Treasury Secretary, ” said the interviewer…. Read More

Mnuchin from the G7: “Anybody…that Touches a Bitcoin is Responsible for (Combatting) Money Laundering”

Speaking from outside G7 meetings being held in Chantilly, France, on Thursday, US Secretary of the Treasury, Steve Mnuchin, elaborated on his government’s recently expressed sentiments towards Facebook’s Libra and cryptocurrencies in general. “Anybody in the US that touches a Bitcoin is responsible for (enforcing)… Read More

On Eve of Regulated ICOs in France, Minister of the Economy Bruno Le Maire Tweets About Concerns Regarding Facebook’s Libra at G7 Meeting

Bruno Le Maire, the French Minister of the Economy and supporter of cryptocurrency, has been tweeting about virtual currencies today during meetings of the G7 taking place in France. Le Maire has been a vocal supporter of blockchain technology and a strong voice in support… Read More

Steve Mnuchin’s Comments on Libra: “Bullish news for the future of cryptocurrencies”

US Secretary of Treasury Steven Mnuchin held a press conference yesterday in advance of Capitol Hill hearings this week addressing concerns surrounding Facebook’s stablecoin Lira. Mnuchin cautioned the audience that Facebook, and any other crypto creator, must adhere to the high standards of KYC and… Read More

Treasury Secretary Mnuchin Holds Surprise Press Conference on US Government’s Stance on Cryptocurrencies and Facebook’s Libra

US Treasury Secretary Steven Mnuchin called a surprise press conference this afternoon in Washington DC to state that Facebook and all other providers of “digital financial services” must observe the same financial integrity regimes as banks. Mnuchin called illicit use of cryptocurrencies “a national security issue”… Read More

US Secretary of the Treasury Steven Mnuchin on Crypto: “VASPs will be required to implement the same AML/CFT requirements as traditional financial institutions”

Last week, FATF President Marshall Billingslea of the US, chaired the Plenary meeting under the U.S. Presidency in Orlando.  US Secretary of Treasury Steven T. Mnuchin was on hand to provide remarks on the accomplishments of the group. As part of his speech at the… Read More

US Department of Treasury Report on Fintech Makes Recommendations to Boost Innovation, Advocates on Behalf of Regulatory Harmonization

The US Department of the Treasury has published its long anticipated report on Fintech. This is the fourth in a series of reports emanating from Treasury that address emerging innovations in finance. Secretary Steven T. Mnuchin commented on the reports release stating “American innovation is… Read More

Secretary of the Treasury Steven Mnuchin to Testify Before House Financial Services Committee

Steven Mnuchin, the US Secretary of the Treasury, will testify before the House Financial Services Committee tomorrow (July 12) at 10AM ET. According to the Committee memo, Mnuchin may be expected to discuss: any progress made in reforming the International Monetary Fund (IMF) the status… Read More

Secretary of the Treasury Mnuchin Sanctions Venezuelan Officials Targeting Petro Cryptocurrency

This week, the White House issued an executive order that banned any US citizens or entities from participating in the Venezuelan Petro Coin. The creation of the cryptocurrency based off of Venezuelan oil was a response to the economic crises that has been brought upon… Read More

Letter from Senators Rubio & Menendez Raise Concern About Cryptocurrencies & International Scofflaws

Several days ago, Senator Marco Rubio and Senator Robert Menendez published a letter directed to the US Secretary of the Treasury Steven Mnuchin demanding to know what the US government was doing to foil attempts by rogue nations in leveraging cryptocurrencies to skirt imposed sanctions…. Read More

Report: US Department of Treasury, Financial Stability Oversight Council, has set up a Working Group on Cryptocurrency

This should come as no surprise but the US Department of Treasury, Financial Stability Oversight Council (FSOC), has established a working group to address the emergence of cryptocurrencies such as Bitcoin, Ethereum, Ripple and more. The announcement came on the heels of a meeting of… Read More

US Treasury Report Outlines Ways to Boost Capital Markets Including JOBS Act Improvements

The US Department of Treasury has published a report on ways the government may streamline and reduce burdens of capital markets regulation. The report is an interesting compendium of the pressing need to reduce regulatory hurdles while pointing to policy initiatives that can improve access… Read More

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