Addressing Deputy Treasury Secretary Adewale Adeyemo, Scott voiced considerations over the Treasury’s unique requests for expanded authority over cryptocurrencies to the Senate Committee on Banking, Housing, and City argued that this slender focus sidelines important sources of terrorism funding,…
Illicit
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Regulation
US Treasury targets crypto mixers with new instruments to counter illicit crypto actions
by Jeremyby JeremyNelson expressed deep concern relating to the usage of digital property in illicit monetary Based on him, the Treasury Division has developed an anti-money laundering framework to handle terrorism financing whereas selling accountable of these efforts, Nelson argued…
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Regulation
US Treasury report finds crypto use in illicit monetary exercise stays small however rising fraction of complete flows
by Jeremyby JeremyThe regulator revealed the findings in its 2024 Nationwide Threat Assessments for Cash Laundering, Terrorist Financing, and Proliferation The studies level to an evolving panorama of cryptocurrencies and different digital property as each an progressive monetary frontier and a…
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Bitcoin NewsNews
Circle denies claims of illicit financing and ties to Justin Solar
by Jeremyby JeremyCircle open letter to senators Elizabeth Warren and Sherrod Supply: put up was revealed on 11 and modified on 30, however Cointelegraph couldn’t decide the publication date of the letter The letter was addressed…
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The panorama of cryptocurrency is evolving quickly, with modern networks like Tron gaining traction for his or her effectivity and Nonetheless, a regarding pattern has emerged as these platforms change into unwitting channels for illicit monetary actions, notably for…