RE: What The Federal Reserve Just Did & Why It Matters

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What The Federal Reserve Just Did & Why It Matters

in hopdh •  last year 

The U.S government has continued its crackdown on capital flight and illegal money transfers, by targeting crypto-related businesses. The Department of Justice (DoJ), in a court filing, has asked that a case be opened against crypto exchanges under the Bank Secrecy Act (BSA). The Department cited concerns that virtual currency transactions may indicate that they are used to hide illegal activity; or to launder money.

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