The U.S. Department of the Treasury will issue a risk assessment on the use of DeFi for illicit finance

According to CoinDesk, Elizabeth Rosenberg, a senior official of the U.S. Department of the Treasury, said that the U.S. Department of the Treasury has reviewed the role of decentralized finance (DeFi) in incidents such as the North Korean ransomware attack, and will soon release a risk assessment to analyze the criminal use of DeFi. Elizabeth Rosenberg said, “Illegal actors are always looking for effective ways to hide their criminal activities and launder their proceeds, which poses a threat to DeFi services or other elements of the virtual asset ecosystem. The team is actively working on an assessment to be released soon. “

Babbitt News

Related Posts