U.S. Treasury campaigns to strengthen ability to track cryptocurrency, Tether (USDT) abroad

Lawmakers should also strengthen the department’s authority under the Bank Secrecy Act (BSA) to allow it to “target cryptocurrency companies and services that facilitate financing for terrorists,” the proposal says. This calls for a new category of financial institutions under the BSA, including “cryptocurrency exchanges, virtual asset service providers (VASPs), virtual asset wallet providers, certain blockchain validation nodes, and decentralized financial services” that meet certain anti-currency requirements. We ask you to do so. -Request for laundry.