US Treasury official urges Congress for more power against crypto crime. A United States Treasury official has expressed concerns regarding crypto in illicit finance in a statement to the House Financial Services Committee, asking for more authority to go after bad actors. The committee hearing is set for Feb. 15. The Treasury’s Under Secretary for Terrorism and Financial Intelligence, Brian Nelson, emphasized this request in his prepared statement for a congressional hearing on terrorism and cryptocurrency crimes. https://twitter.com/UnderSecTFI/status/1757453589964861758?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1757453589964861758%7Ctwgr%5E3c97d825bbf35eb0c92a6538a804bda14e384aaf%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Fus-treasury-congress-power-crypto-crime
this is a good update . A lot of people have been using cryptocurrency as a way to perpetuate scams by rug pulling projects just few minutes or days after launch and carting away with investors' funds.
US Treasury official urges Congress for more power against crypto crime. A United States Treasury official has expressed concerns regarding crypto in illicit finance in a statement to the House Financial Services Committee, asking for more authority to go after bad actors. The committee hearing is set for Feb. 15. The Treasury’s Under Secretary for Terrorism and Financial Intelligence, Brian Nelson, emphasized this request in his prepared statement for a congressional hearing on terrorism and
US Treasury official urges Congress for more power against crypto crime. A United States Treasury official has expressed concerns regarding crypto in illicit finance in a statement to the House Financial Services Committee, asking for more authority to go after bad actors. The committee hearing is set for Feb. 15.
US Treasury Under Secretary for Terrorism and Financial Intelligence, Brian Nelson, has urged Congress to grant the Treasury Department more authority to combat illicit finance activities related to cryptocurrency. Nelson made this request in his prepared statement for a congressional hearing on terrorism and cryptocurrency crimes before the House Financial Services Committee