The U.S. Treasury Department has delivered a crypto framework to President Joe Biden. cryptocurrency digitalassets cryptoassets
The U.S. Treasury Department has delivered a framework for crypto assets to President Joe Biden, fulfilling its obligation as directed in the executive order on crypto that the president issued in March.The U.S.
“Inadequate anti-money laundering and combating the financing of terrorism regulation, supervision, and enforcement by other countries challenges the ability of the United States to investigate illicit digital asset transaction flows that frequently jump overseas, as is often the case in ransomware payments and other cybercrime-related money laundering,” the department added.
“Such international work should continue to address the full spectrum of issues and challenges raised by digital assets, including financial stability; consumer and investor protection, and business risks; and money laundering, terrorist financing, proliferation financing, sanctions evasion, and other illicit activities,” the Treasury noted.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
10 Times the White House Avoided Questions About Hunter BidenSTONEWALL: Joe Biden and his staff continue refusing to answer any questions about Hunter Biden's corrupt foreign business dealings.
Read more »
Editorial: Why won’t Biden administration pay Sutherland Springs victims?Biden should drop the appeal in a case where the fault is already clear. The victims have...
Read more »
GOP hammers Biden for allowing emergency oil reserves to go to China: 'compromising our energy security'Multiple House Republican leaders slammed the Biden administration Thursday after reports showed that emergency oil supplies have been sent to nations including China.
Read more »
Biden urges voters to pick pro-abortion candidates, signs executive order protecting abortion accessPresident Biden has issued an executive order aimed at protecting abortion and contraception access in response to the Supreme Court overturning Roe v. Wade.
Read more »