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US Treasury Seeks Stronger Crypto Controls for National Security

source-logo  coingape.com  + 6 more 09 April 2024 09:10, UTC

The US Treasury Department is actively advocating for broader enforcement powers aimed at regulating foreign providers of cryptocurrency services, driven by the imperative of strengthening national security measures. Deputy Secretary Adewale O. Adeyemo has underscored the urgent need to confront the rising threat posed by nefarious actors who exploit digital currencies to circumvent conventional financial regulations.

coingape.com

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