10 Sep 2020

IRS Wants to Be Able to Trace ‘Untraceable’ Digital Currencies

The Treasury Department reportedly is investigating potential ways to trace currency that is known as untraceable, seeking to expand its visibility into cryptocurrency transactions. These transactions enable anonymity and allow for more privacy between the parties involved than most other blockchain-based exchanges. Cryptocurrency is transmitted virtually through a decentralized digital

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29 Jan 2019

Treasury sanctions Venezuela’s state-owned oil firm

The U.S. has announced targeted sanctions against Venezuela’s state-owned PDVSA. Rather than imposing a complete embargo on Venezuelan oil exports, however, the sanctions target only sales whose funds could be accessed by the Maduro regime. The sanctions, therefore, are working to transfer oil wealth away from the Maduro regime, where

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