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US SEC to Move Away from Requiring Crypto Firms to Register as Trading Systems, Chief Says
The acting chief of the US Securities and Exchange Commission (SEC) said on Monday he has directed staff to look at ways to abandon a plan that would have widened the definition of alternative trading systems to include some cryptocurrency firms.
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Musk Ally "Mistakenly" Given Power To Alter US Treasury's Payment System
An Elon Musk aide was mistakenly given clearance to make changes to the US Treasury Department's highly sensitive payments system containing millions of Americans' personal information, a department official said Tuesday.
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Musk Slams US Government Payment Systems, Alleges $100 Billion Annual "Fraud"
Elon Musk, the CEO of Tesla and SpaceX, on Sunday voiced strong concerns about the US government's payment systems, revealing troubling 'inefficiencies' and potential 'fraud' worth over USD 100 billion every year.
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"How Elon Musk Destroyed Twitter" Author On How His X Tactics May Bode For US
As Elon Musk and his aides take control of the US Treasury's payments system, the drastic job cuts and other shake-ups he instituted on buying Twitter may offer a preview of what government workers can expect.
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Elon Musk Has 'Read-Only' Access To Payments Data: US Treasury
The US Treasury said Elon Musk's government reform team can read data from its highly sensitive payment system but not alter it.
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Musk Takes Control Of US Treasury Payments Systems
Elon Musk's aides have taken control of the US Treasury Department's payments system -- which manages trillions of dollars of transactions each year -- sparking alarm among critics.
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US "Best Place" To Hide, Launder Illicit Funds, Says Top Official
While small countries are often perceived as major havens for hiding or laundering money, "enormous amounts of illicit funds" end up in the US financial system, Treasury Secretary Janet Yellen said Thursday.
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SolarWinds Hack Cleanup Could Take Months, Cyber-Security Experts Say
Using a subverted version of the company's software as a makeshift skeleton key, SolarWinds hackers crept into a swathe of US government networks, including the Departments of Treasury, Homeland Security, Commerce, Energy, State and other agencies besides.
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"Dozens Of US Treasury Email Accounts" Were Hacked: Senator
Hackers broke into systems used by top US Treasury officials during a massive cyberattack on government agencies and may have stolen essential encryption keys, a senior lawmaker said Monday.
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Facebook ‘GlobalCoin’ Cryptocurrency Planned for Launch in 2020, Testing to Begin This Year: Report
The company plans to setup a digital payment system in more than 12 countries by the first quarter of 2020, and it looks to start testing in the later part of 2019.
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India Must Stick to its Reform Agenda: Jacob Lew
India remains a bright spot of economic growth, but it will have to stick to its reform agenda and like any other political system, a lot will depend on the government of the day to carry forward the reforms, US Treasury Secretary Jacob Lew said on Thursday.
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US Sanctions North Korea's Rocket Command For Ties To Weapons Programme
The United States added North Korea's Strategic Rocket Force to its sanctions list for ties to weapons development and illicit finance activities, the Treasury Department said on Tuesday.
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US Treasury's Intelligence Network Vulnerable to Hack: Audit
Lax security left the U.S. Treasury's computer system for tracking overseas threats to America's financial system vulnerable to hackers, according to a government audit prepared in late 2014 and obtained by Reuters.
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US Faces $300 Billion in Illicit Funds in Anti-Laundering Fight
The US has largely blocked terror groups from moving money through banks, but tens of billions of dollars in illicit funds still transit the financial system each year, the Treasury said on Friday.
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Hundreds of US security clearance records falsified, federal cases show
Federal prosecutors have documented at least 350 instances of faulty background investigations done by private contractors and special agents for the US Office of Personnel Management in recent years, illustrating what some lawmakers call systemic weaknesses in the granting of federal security clearances.
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US SEC to Move Away from Requiring Crypto Firms to Register as Trading Systems, Chief Says
The acting chief of the US Securities and Exchange Commission (SEC) said on Monday he has directed staff to look at ways to abandon a plan that would have widened the definition of alternative trading systems to include some cryptocurrency firms.
-
Musk Ally "Mistakenly" Given Power To Alter US Treasury's Payment System
An Elon Musk aide was mistakenly given clearance to make changes to the US Treasury Department's highly sensitive payments system containing millions of Americans' personal information, a department official said Tuesday.
-
Musk Slams US Government Payment Systems, Alleges $100 Billion Annual "Fraud"
Elon Musk, the CEO of Tesla and SpaceX, on Sunday voiced strong concerns about the US government's payment systems, revealing troubling 'inefficiencies' and potential 'fraud' worth over USD 100 billion every year.
-
"How Elon Musk Destroyed Twitter" Author On How His X Tactics May Bode For US
As Elon Musk and his aides take control of the US Treasury's payments system, the drastic job cuts and other shake-ups he instituted on buying Twitter may offer a preview of what government workers can expect.
-
Elon Musk Has 'Read-Only' Access To Payments Data: US Treasury
The US Treasury said Elon Musk's government reform team can read data from its highly sensitive payment system but not alter it.
-
Musk Takes Control Of US Treasury Payments Systems
Elon Musk's aides have taken control of the US Treasury Department's payments system -- which manages trillions of dollars of transactions each year -- sparking alarm among critics.
-
US "Best Place" To Hide, Launder Illicit Funds, Says Top Official
While small countries are often perceived as major havens for hiding or laundering money, "enormous amounts of illicit funds" end up in the US financial system, Treasury Secretary Janet Yellen said Thursday.
-
SolarWinds Hack Cleanup Could Take Months, Cyber-Security Experts Say
Using a subverted version of the company's software as a makeshift skeleton key, SolarWinds hackers crept into a swathe of US government networks, including the Departments of Treasury, Homeland Security, Commerce, Energy, State and other agencies besides.
-
"Dozens Of US Treasury Email Accounts" Were Hacked: Senator
Hackers broke into systems used by top US Treasury officials during a massive cyberattack on government agencies and may have stolen essential encryption keys, a senior lawmaker said Monday.
-
Facebook ‘GlobalCoin’ Cryptocurrency Planned for Launch in 2020, Testing to Begin This Year: Report
The company plans to setup a digital payment system in more than 12 countries by the first quarter of 2020, and it looks to start testing in the later part of 2019.
-
India Must Stick to its Reform Agenda: Jacob Lew
India remains a bright spot of economic growth, but it will have to stick to its reform agenda and like any other political system, a lot will depend on the government of the day to carry forward the reforms, US Treasury Secretary Jacob Lew said on Thursday.
-
US Sanctions North Korea's Rocket Command For Ties To Weapons Programme
The United States added North Korea's Strategic Rocket Force to its sanctions list for ties to weapons development and illicit finance activities, the Treasury Department said on Tuesday.
-
US Treasury's Intelligence Network Vulnerable to Hack: Audit
Lax security left the U.S. Treasury's computer system for tracking overseas threats to America's financial system vulnerable to hackers, according to a government audit prepared in late 2014 and obtained by Reuters.
-
US Faces $300 Billion in Illicit Funds in Anti-Laundering Fight
The US has largely blocked terror groups from moving money through banks, but tens of billions of dollars in illicit funds still transit the financial system each year, the Treasury said on Friday.
-
Hundreds of US security clearance records falsified, federal cases show
Federal prosecutors have documented at least 350 instances of faulty background investigations done by private contractors and special agents for the US Office of Personnel Management in recent years, illustrating what some lawmakers call systemic weaknesses in the granting of federal security clearances.
