As part of its core U.S. national security interest, the White House implemented a five-pillar strategy for countering corruption under the Biden Harris administration. This strategy includes the creation of a task force to investigate potential illegal activities in crypto-exchanges and other services that could be used as money laundering avenues.

The Federal government was created with the purpose of enhancing enforcement of Anti-Money Laundering regulations (AML), as well as penal and civil laws. PlansNew tools will be implemented to prosecute and investigate money laundering cases. Specifically for cryptocurrencies, “PILLAR THREE: Holding Corrupt Actors Accountable” highlights: