The U.S. Treasury Department has started to get people’s opinions on how cryptocurrencies are used as a tool for illegal transactions and how the Department can combat these transactions.
The Treasury Department shared a report on the subject today and made public the public about illegal cryptocurrency transactions. 20 questions in total directed.
These include questions about how cryptocurrencies can be used in illegal financial transactions, what risks they pose, and the steps taken to combat money laundering and terrorism financing.
The Ministry also “What can the US Treasury do to improve public-private communication regarding AML/CFT standards applied to digital assets?” He is also looking for an answer to the question.
The Treasury Department took this step in line with the decree signed by US President Joe Biden earlier this year on cryptocurrencies. Ministry for questions asked. until 3 November 2022 It will continue to collect answers.