US Crypto Czar Vows to Regulate Digital Platforms.

1 min read
Source: Financial Times
TL;DR Summary

The US government's top official for cryptocurrency policy, Michael Mosier, has promised a crackdown on digital platforms that fail to comply with regulations. Mosier, who was appointed by the Biden administration, said that the government would be "looking to enforce" regulations on crypto exchanges, wallets, and other platforms. He also emphasized the need for collaboration between the government and the private sector to combat illicit activities such as money laundering and terrorism financing in the crypto space.

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