April 24, 2024
Finance

US Treasury official calls on Congress for ‘necessary tools’ to fight crypto-linked illicit finance

U.S. Treasury Deputy Secretary Adewale O. Adeyemo has urged Congress to take action to provide the government with “necessary tools” to combat illicit finance tied to cryptocurrencies. Adeyemo said that terrorist groups have been trying to take advantage of cryptocurrencies over the past few years, according to his written testimony for the Senate Banking, Housing

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