Treasury Department

President Donald Trump continues pressuring Iran amidst ongoing negotiations over the latter’s nuclear weapons development programs.  President Trump recently began negotiations with Iran to halt their development of nuclear weapons. The negotiations began as Trump directed the White House to execute a “maximum pressure” campaign against Iran. Since then, the Trump administration has leveraged American […]

The US Treasury Department recently announced a series of sanctions aimed at deterring illicit Houthi purchases of Russian goods such as weapons and stolen Ukrainian grain. Sanctions target a group of Russia-affiliated individuals and entities allegedly cooperating with Sa’id al-Jamal, a top Houthi financial official which the Treasury Department claims is backed by Iran’s Islamic […]

President Donald Trump recently signed an executive order creating the US’ first ever Bitcoin and Crypto reserve.  The executive order creates two separate reserves, one Bitcoin reserve and another Digital Assets reserve holding a gauntlet of cryptocurrencies, that will hold assets forfeited as part of criminal or civil asset forfeiture proceedings. President Trump has publicly […]

President Donald Trump’s Treasury Department recently announced that it will not enforce the Corporate Transparency Act’s (CTA) beneficial ownership information reporting rule (BOI).  BOI rules, originally designed to combat illicit business transactions, fraud, and money laundering by requiring businesses to disclose their ownership’s identity, have faced criticism for being allegedly unconstitutional and burdensome for small […]

The US Department of the Treasury has announced new sanctions on Chinese and Hong Kong companies allegedly helping build Iranian military drones.  The latest sanctions were described as part of President Donald Trump’s “maximum pressure campaign on Iran.” Six entities operating out of China and Hong Kong were sanctioned for reportedly supplying critical components of […]