HomeDIGITAL ASSETS REGULATORYworldwide-stablecoinUS House Financial Services subcommittee looks for answers on crypto and crime

US House Financial Services subcommittee looks for answers on crypto and crime

There have been reports suggesting a connection between crypto funding and terrorism, as well as the importance of blockchain forensics. While these reports may have caused some confusion, there is a consensus among experts that collaboration and regulation are necessary in addressing these concerns. The potential link between cryptocurrency and terrorism highlights the need for increased scrutiny and monitoring of financial transactions in the digital realm. Additionally, the field of blockchain forensics plays a crucial role in investigating and tracking illicit activities within the blockchain network. It is widely acknowledged that a coordinated effort between various stakeholders, including governments, law enforcement agencies, and cryptocurrency exchanges, is essential to combat these issues effectively.

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