
The U.S. Treasury, represented by Deputy Secretary Brian Nelson, clarified at CoinDesk's Consensus conference that it does not plan to ban cryptocurrency mixing services. Instead, the Treasury aims to enhance transparency and collaborate with the crypto industry to address privacy concerns.



⚠️The U.S. Treasury Department sees unregulated stablecoins as a national security threat Brian Nelson, the Treasury’s undersecretary for terrorism and financial intelligence, warned that criminal groups are using crypto to skirt U.S. law 👀 Read More: https://t.co/xeQZBURM3C
U.S TREASURY DENIES ATTEMPT TO BAN CRYPTO MIXING SERVICES The U.S. Department of the Treasury is not aiming to ban cryptocurrency mixing services, said Brian Nelson, Under Secretary for Terrorism and Financial Intelligence, at CoinDesk's Consensus conference. Addressing… https://t.co/s8VwNQbwvi
UPDATE: THE U.S. TREASURY HAS NO PLANS TO BAN CRYPTOCURRENCY MIXING SERVICES - BRIAN E. NELSON