illicit finance
3 articles tagged "illicit finance"
U.S. Treasury Aims to Enhance Crypto Money Laundering Regulations
The U.S. Treasury seeks stronger anti-money laundering efforts for cryptocurrencies in its new strategic approach to combat illicit financing. Key measures include addressing regulatory gaps and enhancing law enforcement capabilities.
U.S. Warns Crypto Industry on Illicit Finance Response
In a strong warning, U.S. Deputy Treasury Secretary Wally Adeyemo emphasized that the government will take stringent measures against cryptocurrency firms if they do not strengthen their efforts to combat illicit finance. This comes amid growing concerns over the industry's compliance with financial regulations.
U.S. Treasury Seeks Expanded Powers for Global Crypto Regulation
The U.S. Treasury is lobbying Congress for enhanced powers to regulate cryptocurrency, focusing on combating illicit finance beyond American borders, as highlighted by Deputy Secretary Wally Adeyemo.