Leading House Democrat Solicits Feedback From Gensler and Yellen on Crypto Bill

The bill would provide guidelines for U.S.-based crypto exchanges to register with regulators.

• 2023-06-27
• Gary Gensler Maxine Waters Janet Yellen Treasury Department digital asset Financial Stability Oversight Council U.S. Securities and Exchange Commission

Ohio Man Steals 712 Bitcoin From Brother, Sentenced to Prison

Gary James Harmon will spend four years in prison after stealing crypto assets that law enforcement tried to seize from his brother.

• 2023-05-01
• U.S. Department of Justice Larry Dean Harmon Bitcoin James Harmon criminal charges Treasury Department

North Korean banker indicted, 2 others sanctioned over cryptocurrency money laundering scheme

A representative of a North Korean bank was indicted Monday and his co-conspirators were sanctioned for their involvement in a cryptocurrency money laundering scheme.

• 2023-04-25
• North Korean Treasury Department Korea Kwangson Banking Corporation cryptocurrency exchanges Sim Hyon Sop money laundering cryptocurrency National Cheng money laundering scheme

SVB Collapse Reveals a Surprise for Bitcoin

The banking crisis caused by the collapse of Silicon Valley Bank continues to worry investors. Since regulators shut down the California bank, which primarily catered to startups and venture capital firms, all eyes have turned to other regional banks. Then there's the crisis across the Atlantic Ocean: Investor mistrust revolves around Credit Suisse, the Swiss bank weakened by a series of scandals over the past three years.

• 2023-03-17
• Credit Suisse Silicon Valley Bank Michael Saylor Swiss National Bank SVB institutional investors bank account regional banks commercial banks venture capital firms Treasury Department