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US Treasury Seeks Stronger Crypto Controls for National Security

US Treasury Department Pushes for Tighter Crypto Regulations in the Interest of National Security

The US Treasury Department is making a concerted effort to bolster its ability to regulate cryptocurrency services offered by foreign providers, as part of its mission to safeguard national security. Deputy Secretary Adewale O. Adeyemo has emphasized the pressing need to address the growing danger posed by malicious individuals who exploit digital currencies to evade traditional financial oversight.