Treasury Official: Department Working With IRS to Police Crypto Exchanges

Coindesk ------------ The U.S. Department of Treasury is ramping up its enforcement against the potential for money laundering and criminal financing through cryptocurrencies. Improving "anti-money laundering/combating the financing of terrorism (AML/CFT)” rules is one part of regulating the "evolving threat" of cryptocurrencies, according to Under Secretary for Terrorism and Financial Intelligence Sigal Mandelker, who testified before the Senate Banking, Housing and Urban Affairs Committee on Wednesday. To learn more click on the picture below to read the article.