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US Treasury sees ‘potential benefits’ of DeFi following risk assessment
By Liam 'Akiba' Wright at 2024-11-28 12:57
Sentiment: Negative
The US Department of the Treasury has released the world’s first DeFi Illicit Finance Risk Assessment, which analyzes decentralized finance (DeFi) services and their vulnerabilities to “illicit activities.” The assessment found that “cybercriminals, ransomware attackers, scammers, and North Korean hackers” are using DeFi services to launder funds due to “non-compliance” with anti-money laundering (AML) and […] The post US Treasury sees ‘potential benefits’ of DeFi following risk assessment appeared first on CryptoSlate. Continue reading...
Categories: Adoption
Tags: #Adoption #DeFi #Featured #Politics #Technology
Source CryptoSlate