US Treasury Department seeks public input to help tackle illicit crypto activities
- The US Department of the Treasury issued a statement, requesting public comments on how it can detect unlawful crypto activities.
- The move complies with the directives of the GENIUS Act and follows President Donald Trump’s executive order issued in January.
- Treasury Secretary Scott Bessent stated that the adoption of stablecoins could cause an increase in US Treasuries demand.
The US Department of the Treasury has requested public opinions on how financial institutions can combat illegal activities involving the use of digital assets, according to a statement on Monday.
US Treasury calls for public opinion on illicit crypto activities
The US Treasury Department has invited public comments on how financial institutions…
