2min chapter

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FIRST MOVER: Crypto Needs 'More Enforcement': Former White House Official Carole House

CoinDesk Podcast Network

CHAPTER

Addressing the Use of Crypto in Illicit Activities and the Role of the US Treasury Department

The chapter delves into the US Treasury Department's concerns over the use of cryptocurrency for illicit activities, particularly focusing on North Korea's involvement in cyber heists and funding their proliferation through cryptocurrency theft. It emphasizes the necessity for crypto entities to collaborate with regulatory frameworks and international initiatives to deter and combat criminal activities in the crypto space.

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