A bipartisan group of U.S. lawmakers wrote to the Treasury Department and the National Security Council, calling for the Biden Administration to crackdown on digital asset financing of terrorism.
Digital asset exchange Coinbase issued a blog post on October 17 emphasizing its commitment to “rooting out bad actors seeking to use crypto for illicit purposes.”
Four U.S. officials urged Congress to heighten its regulatory approach toward the digital asset industry by laying out specific recommendations, including expanding the executive branch's power.
