A Treasury Hearing On Crypto and Illicit Finance -- But Does Anyone Care Anymore?
The Breakdown
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Debate on Illicit Finance in the Crypto Industry at a Treasury Hearing
A Treasury hearing sparks a debate on the illicit use of crypto compared to traditional finance methods like cash transfers to Iran. Republican Tim Scott questions the administration's emphasis on digital assets, highlighting broader concerns about illicit financing. Experts discuss proposed legislation at the crypto infrastructure level and the need for stricter regulations.
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Transcript
