FinCEN Is Analyzing $165M in Transactions That Could Tie Crypto and Hamas, Senior Official Says

0
15



“These updates might make clear, and probably increase, protection of latest entities within the digital asset ecosystem which may be working in areas of precise or perceived ambiguity with respect to their [Bank Secrecy Act] obligations,” he wrote. “A ultimate proposal would explicitly present Treasury’s Workplace of Overseas Belongings Management the authority to deploy secondary sanctions, an impactful and versatile software, towards digital asset companies doing enterprise with sanctioned entities.”