The U.S. is joining regulators around the globe in moving to enforce tougher cryptocurrency anti-money laundering policies, Treasury Secretary Steven Mnuchin said yesterday.
Facebook’s wounded Libra Association formally voted itself into existence on October 14, electing a board and choosing officers. The ceremony was overshadowed by the loss of seven original members including Mastercard and Visa.
The three main U.S. agencies overseeing cryptocurrencies and digital assets just issued an unusual joint warning. You must comply with anti-money laundering rules and register with us.
Treasury Secretary Steven Mnuchin called cryptocurrencies a “national security issue” that threatens to enable drug dealers, human traffickers, and terrorists during a press conference Monday.