The U.S. Treasury Department plans to strengthen money laundering supervision against cryptocurrencies and other illegal finance

Odaily News The U.S. Treasury Department released the 2024 National Strategy for Combating Terrorism and Other Illegal Financing, which outlines priorities for combating illicit financing and emphasizes its ongoing work around cryptocurrencies, including sanctions on certain trading platforms and groups such as Bitzlato and Lazarus, a settlement with Binance, and warnings against pig-killing scams. It is reported that this annual document explains how the U.S. Treasury Department views illegal finance and the role that cryptocurrency regulation may play in curbing this problem. (Coindesk)