Cryptocurrency News

US Treasury official says crypto mixers are a ‘concern’ in enforcing sanctions

2022.09.20 23:01



US Treasury official says crypto mixers are a ‘concern’ in enforcing sanctions

Elizabeth Rosenberg, the assistant secretary for terrorist financing and financial crimes at the United States Department of the Treasury, suggested sanctioning cryptocurrency mixers could help strengthen the government’s response to foreign entities looking to use digital assets for illicit means.

In a Tuesday hearing of the Senate Banking Committee, which covered sanctions on Russia, Rosenberg said having the Treasury Department add crypto mixers like Blender.io or Tornado Cash to its list of Specially Designated Nationals could be an effective way of signaling the U.S. government was acting to prevent entities from circumventing sanctions.

Elizabeth Rosenberg addressing the U.S. Senate Banking Committee on Tuesday

Continue Reading on Coin Telegraph



Source link

Related Articles

Leave a Reply

Back to top button
bitcoin
Bitcoin (BTC) $ 103,877.83 2.55%
ethereum
Ethereum (ETH) $ 3,863.32 2.04%
tether
Tether (USDT) $ 1.00 0.00%
xrp
XRP (XRP) $ 2.44 6.69%
bnb
BNB (BNB) $ 713.04 2.11%
solana
Solana (SOL) $ 216.49 3.80%
dogecoin
Dogecoin (DOGE) $ 0.383941 4.15%
usd-coin
USDC (USDC) $ 1.00 0.11%
staked-ether
Lido Staked Ether (STETH) $ 3,849.54 2.43%
cardano
Cardano (ADA) $ 1.02 5.43%
tron
TRON (TRX) $ 0.272193 4.86%
avalanche-2
Avalanche (AVAX) $ 46.33 6.02%
chainlink
Chainlink (LINK) $ 27.35 1.06%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,589.47 2.01%
shiba-inu
Shiba Inu (SHIB) $ 0.000026 4.77%
the-open-network
Toncoin (TON) $ 5.70 4.41%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 103,604.76 2.42%
sui
Sui (SUI) $ 4.58 2.61%
stellar
Stellar (XLM) $ 0.421272 4.84%
polkadot
Polkadot (DOT) $ 8.20 5.36%
hedera-hashgraph
Hedera (HBAR) $ 0.293547 4.40%
weth
WETH (WETH) $ 3,863.61 1.98%
bitcoin-cash
Bitcoin Cash (BCH) $ 516.91 3.06%
uniswap
Uniswap (UNI) $ 15.59 2.24%
leo-token
LEO Token (LEO) $ 9.68 1.16%
pepe
Pepe (PEPE) $ 0.000021 7.16%
litecoin
Litecoin (LTC) $ 116.20 0.04%
hyperliquid
Hyperliquid (HYPE) $ 24.71 7.81%
near
NEAR Protocol (NEAR) $ 6.14 9.75%
wrapped-eeth
Wrapped eETH (WEETH) $ 4,061.27 2.32%
aptos
Aptos (APT) $ 12.83 3.57%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.03%
bitget-token
Bitget Token (BGB) $ 4.16 8.36%
internet-computer
Internet Computer (ICP) $ 11.89 4.03%
aave
Aave (AAVE) $ 368.73 1.14%
usds
USDS (USDS) $ 1.00 0.02%
crypto-com-chain
Cronos (CRO) $ 0.185659 4.01%
ethereum-classic
Ethereum Classic (ETC) $ 31.50 4.12%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.547661 6.04%
vechain
VeChain (VET) $ 0.054085 6.02%
render-token
Render (RENDER) $ 8.31 5.63%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.58 3.47%
monero
Monero (XMR) $ 220.45 0.95%
mantle
Mantle (MNT) $ 1.17 4.11%
arbitrum
Arbitrum (ARB) $ 0.93452 3.66%
bittensor
Bittensor (TAO) $ 522.69 1.45%
mantra-dao
MANTRA (OM) $ 4.08 4.67%
filecoin
Filecoin (FIL) $ 6.06 5.61%
whitebit
WhiteBIT Coin (WBT) $ 24.98 1.67%
kaspa
Kaspa (KAS) $ 0.137492 2.99%