US mulls applying fiat reporting mandate on crypto transfers

The US Treasury and Federal Reserve plan to redefine “money” used under the Bank Secrecy Act, as they aim to include cryptocurrencies and digital assets in new reporting requirements.

Aug 19, 2024 - 09:00
US mulls applying fiat reporting mandate on crypto transfers

The US Treasury and Federal Reserve plan to redefine “money” used under the Bank Secrecy Act, as they aim to include cryptocurrencies and digital assets in new reporting requirements.

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