US Treasury says it must ‘modernize and adapt’ to digital currencies By Cointelegraph
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A review of sanctions by the United States Department of the Treasury was issued. It suggested that the government develop more policies and infrastructure in relation to digital assets.
The Treasury Department published an October 18th report The increasing use of digital assets is preventing the enforcement of sanctions and balancing funds coming from legitimate humanitarian organisations. The department suggested that better communication between itself and the crypto industry, financial institutions, and others in addition to “deepening its institutional knowledge and capabilities” could help improve current policy.
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