News & Analysis as of

Comment Period Digital Assets U.S. Treasury

BakerHostetler

Weekly Blockchain Blog - August 2025 #4

BakerHostetler on

Wyoming Launches Stablecoin; US Bank Enables Blockchain-Based Payments - On Aug. 19, Wyoming became the first U.S. state to issue its own stablecoin, the Frontier Stable Token (FRNT)....more

Troutman Pepper Locke

Treasury Issues Request for Comment on Innovative Methods to Detect Illicit Activity Involving Digital Assets

Troutman Pepper Locke on

On August 18, the U.S. Department of the Treasury issued a Request for Comment, inviting interested members of the public to provide input on innovative methods to detect and mitigate illicit finance risks involving digital...more

Orrick, Herrington & Sutcliffe LLP

Treasury Initiates Action Under GENIUS Act, Issues RFC on Detecting Illicit Finance

On August 18, the U.S. Department of the Treasury issued a Request for Comment (RFC) in a direct step toward implementing the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) and in support...more

Troutman Pepper Locke

Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – August 2025 # 2

Troutman Pepper Locke on

To keep you informed of recent activities, below are several of the most significant federal and state events that have influenced the Consumer Financial Services industry over the past week....more

Stinson - Corporate & Securities Law Blog

Treasury Solicits Comments on Genius Act

The U.S. Department of the Treasury issued a Request for Comment required by the  Guiding and Establishing National Innovation for U.S. Stablecoins Act, or the GENIUS Act, which furthers the Trump Administration’s policy of...more

Paul Hastings LLP

IRS Issues Proposed Regulations for Digital Asset Reporting

Paul Hastings LLP on

The Internal Revenue Service and Treasury Department have issued long-awaited Proposed Regulations for parties that will be required to report transactions involving digital assets. These newly identified parties will need to...more

McDermott Will & Schulte

Proposed Regulations From the IRS Outline Reporting Requirements for Cryptocurrency “Brokers”

On August 29, 2023, the Internal Revenue Service (IRS) published new proposed regulations on tax reporting requirements for cryptocurrency brokers. The proposed regulations build on efforts to expand IRS regulation over...more

Sullivan & Worcester

Treasury and IRS Issue Proposed Regulations for Tax Reporting Requirements on Digital Asset Transactions

Sullivan & Worcester on

On August 29, 2023, the Department of the Treasury and the Internal Revenue Service (“IRS”) published proposed regulations that, if finalized, would require brokers (including digital asset trading platforms, digital asset...more

Ballard Spahr LLP

Treasury seeks comments on digital assets, including opportunities and risks for consumers

Ballard Spahr LLP on

On July 8, with limited fanfare, the Department of Treasury issued a request for public comment regarding the March 9, 2022 Executive Order entitled “Ensuring Responsible Innovation in Digital Assets” (the “Order”). The...more

Paul Hastings LLP

Daily Financial Regulation Update -- Wednesday, July 13, 2022

Paul Hastings LLP on

July 12, 2022- The U.S. Department of the Treasury released a notice seeking public comment regarding potential opportunities and risks presented by developments and adoption of digital assets as part of its work under...more

Kilpatrick

Treasury Provides 30 Days for Comment on Digital Assets Development

Kilpatrick on

On July 8, 2022, the U.S. Department of the Treasury (Treasury) published a Request for Comment seeking public input on U.S. digital assets development. The Request for Comment was published pursuant to the Biden...more

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