Cryptocurrencies and digital assets have made great headway this year as institutional giants and countries like El Salvador have adopted Bitcoin and crypto assets in their financial ecosystem. However, this has become increasingly a cause of worry for the Biden administration. The US Treasury Department released a Sanctions review report claiming that digital assets undermine sanctions programs initiated by the US. The official report read,
Breaking: US Treasury Department Says Digital Assets Undermine Sanctions
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19 October 2021 15:19, UTC