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US Treasury Department Says Cryptocurrencies Could Undermine Sanctions

The agency issued the warning after a six-month review of U.S. sanction programs and recommended the agency itself improve communication with financial institutions and others that touch on the crypto sector.

Updated May 11, 2023, 6:01 p.m. Published Oct 18, 2021, 11:00 p.m.
U.S. Treasury Department seal (Bill Perry/Shutterstock, modified by CoinDesk using PhotoMosh)
U.S. Treasury Department seal (Bill Perry/Shutterstock, modified by CoinDesk using PhotoMosh)