The DOJ, OFAC, FinCEN and the CFTC settled enforcement actions against Binance, its CEO and former CCO. The coordinated settlements addressed charges against the digital asset exchange for CFTC registration failures and for violations of the Bank Secrecy Act and International Emergency Economic Powers Act sanctions programs.
At the 2023 U.S. Treasury Market Conference, Under Secretary Nellie Liang and CFTC Chair Rostin Behnam described regulatory initiatives that impact the Treasury markets.
The Inter-Agency Working Group for Treasury Market Surveillance reported progress on efforts to ensure that the Treasury market "remains the deepest and most liquid market in the world and a central component of the financial system."
Treasury recommended best practices for financial institutions that have made "net-zero" financing and investment commitments.