The US Treasury Department is seeking additional enforcement powers to combat illicit financing linked to cryptocurrencies. Both Republicans and Democrats are advocating for changes to address crypto-related illicit financing during a Senate hearing. The Treasury is urging Congress for more authority to prevent illicit actors from using crypto services for criminal activities, emphasizing national security concerns.
U.S. Treasury asks Senate for new powers in order to stop cryptocurrency from being used for terrorist financing and sanction avoidance https://t.co/oCoK90By62
The US Treasury Department is asking politicians for more enforcement powers to use against foreign providers of crypto services, part of a goal of protecting national security https://t.co/kdCjn86HOC
📣 Latest News: US Treasury official outlines proposals for tighter crypto crime control #news #cryptonews #crypto #regulations
Treasury pleads with Congress for more power to stop illicit actors from using crypto https://t.co/DKRa9eaodn
Both Republicans and Democrats call for changes to tackle crypto-related illicit financing during Senate hearing https://t.co/8NYvRzfdIn
US Treasury targets ‘crypto risk to national security’ https://t.co/f8mnWXYfyp
US Treasury Seeks New Tools to Combat Crypto-Linked Illicit Finance â–º https://t.co/UtF6gHdWQT https://t.co/UtF6gHdWQT