04-07-2023, 08:23 AM
US Treasury says, Decentralized Crypto Markets threaten national security
<!-- SC_OFF --><div class="md"><p>The US Treasury Department has released a press release on the 2023 DeFi illicit finance risk assessment. The report was released after a proper analysis of the decentralized finance sector. </p> <p>Additionally, the report speaks about how the Democratic People’s Republic of Korea (DPRK), cybercriminals, thieves, scammers, and ransomware attackers use DeFi services to launder and move their illicit proceeds. </p> <p>The Press Release - <a href="https://home.treasury.gov/news/press-releases/jy1391">https://home.treasury.gov/news/press-releases/jy1391</a> </p> <p><a href="https://www.wsj.com/articles/decentralized-cryptocurrency-markets-threaten-u-s-national-security-treasury-says-d9dd324f">https://www.wsj.com/articles/decentralized-cryptocurrency-markets-threaten-u-s-national-security-treasury-says-d9dd324f</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/coinmarshal"> /u/coinmarshal </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12e1fg6/us_treasury_says_decentralized_crypto_markets/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12e1fg6/us_treasury_says_decentralized_crypto_markets/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>The US Treasury Department has released a press release on the 2023 DeFi illicit finance risk assessment. The report was released after a proper analysis of the decentralized finance sector. </p> <p>Additionally, the report speaks about how the Democratic People’s Republic of Korea (DPRK), cybercriminals, thieves, scammers, and ransomware attackers use DeFi services to launder and move their illicit proceeds. </p> <p>The Press Release - <a href="https://home.treasury.gov/news/press-releases/jy1391">https://home.treasury.gov/news/press-releases/jy1391</a> </p> <p><a href="https://www.wsj.com/articles/decentralized-cryptocurrency-markets-threaten-u-s-national-security-treasury-says-d9dd324f">https://www.wsj.com/articles/decentralized-cryptocurrency-markets-threaten-u-s-national-security-treasury-says-d9dd324f</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/coinmarshal"> /u/coinmarshal </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12e1fg6/us_treasury_says_decentralized_crypto_markets/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12e1fg6/us_treasury_says_decentralized_crypto_markets/">[comments]</a></span>