Today news
About the same in other media
US says crooks using DeFi to launder illicit proceeds
Reading now: 362
Other issues being exploited by crooks are that some DeFi services are out of scope for existing AML/CFT obligations, weak controls in other countries, and poor cybersecurity controls by providers.Under Secretary of the Treasury for terrorism and financial intelligence Brian Nelson says: "Capturing the potential benefits associated with DeFi services requires addressing these risks.
"The private sector should use the findings of this assessment to inform their own risk mitigation strategies and to take clear steps, in line with AML/CFT regulations and sanctions obligations, to prevent illicit actors from abusing DeFi services."Read the full assessment:Download the document now 1.6 mb (Chrome HTML Document)
. Read more on finextra.comAbout this in other media
31% of new crypto buyers influenced by friends. Here’s why that can be 'a horrible idea,' advisor says cnbc.com /1 year ago
Tech Companies Are Colluding to Cheat H1-B Visa Lottery, U.S. Says wsj.com /1 year ago
Fed Says It Failed to Act on Problems That Led to Silicon Valley Bank Collapse wsj.com /1 year ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
