U.S. lawmakers have urged the Treasury Division in a letter to enhance sanctions enforcement towards cryptocurrency crimes and “rogue states” similar to North Korea and Russia in mild of the continued conflict in Ukraine.
The letter despatched earlier this week is the newest signal of accelerating consciousness in Washington concerning the sanctions implications of rising monetary expertise similar to decentralized finance (DeFi), which permits criminals of all stripes to maneuver money with relative anonymity and nicely outdoors of present regulatory schemes.
4 senior Democratic Senators — Mark Warner, Elizabeth Warren, Sherrod Brown and Jack Reed
U.S. lawmakers have urged the Treasury Division in a letter to enhance sanctions enforcement towards cryptocurrency crimes and “rogue states” similar to North Korea and Russia in mild of the continued conflict in Ukraine.
The letter despatched earlier this week is the newest signal of accelerating consciousness in Washington concerning the sanctions implications of rising monetary expertise similar to decentralized finance (DeFi), which permits criminals of all stripes to transfer money with relative anonymity and nicely outdoors of present regulatory schemes.
