US Deputy Says Crypto Companies Break Rules

Crypto Companies Break Rules

The US government is stepping up its fight against criminal funding through cryptocurrencies, particularly in light of recent terrorist incidents in Israel. As the world’s largest economy, the US is worried that certain crypto companies are not taking sufficient action to prevent illegal funds from reaching malicious actors. Speaking at the ongoing Royal United Services Institute in London, the US Deputy Treasury Secretary implied that some crypto firms are reluctant to halt the movement of illicit funds.