On March 28, 2024, the US Department of the Treasury's Financial Crimes Enforcement Network ("FinCEN"), in consultation with the staffs of the federal banking agencies.
On March 21, the Agencies jointly issued an interim final rule granting more time before certain provisions of the previously issued final rule regarding the CRA come into effect.
In the Tax Notes article, "Surge in IRS Crypto Seizures Might Pose Market Challenge", authors Nathan Richman and Alexander Rifaat discuss the significant.
Earlier this week, Stryve Foods, Inc. ("Stryve") announced the launch of its Bitcoin sweepstakes – allegedly the first of its kind by a meat snack purveyor.