The US Treasury Department has prioritized user security through repriving miners of the IRS obligations and standard protocols; the Treasury Department issued a letter addressing this matter in the Senate. The letter expresses concern over the security risks associated with mining. The departments condemned the mishandling of users’ sensitive information. Coindesk reports that brokers gain … Read more
The US government has decided to reconsider the unhosted self-host crypto rules. The rule flacked a ton of controversy after the introduction. The Financial Crimes Enforcement Network (FinCEN) first brought this rule in 2020. The law requires complete personal authentication on every crypto transaction or trade. The trader will have to provide their name and … Read more
The unpredicted nature of the crypto industry might force the US Treasury Department to cease inter-border crypto transactions. The crypto market has displayed warning signs for international trade recently. The government will decide upon the viability of every financial transaction across borders. Yahoo Finance reports that the US Treasury Secretary might block the transaction under … Read more