Connect with us

News

Treasury Secretary Won’t Let Crypto Become Next Swiss Bank Accounts

Published

on

By CCN Markets: U.S. Treasury Secretary Steven Mnuchin said that the G7’s Financial Action Task Force (FATF) organization will never let crypto assets “become the equivalent of secret numbered accounts.” Mnuchin was addressing a plenary session of the G7 initiative aimed at combating money laundering and terrorism financing. The U.S. Treasury Secretary was referring to secretive bank accounts commonly offered in Switzerland as well as other offshore financial hubs where the identity of the account holder is kept secret and a client is only identified by a code word. Mnuchin also disclosed that he had convened a working group comprised

The post Treasury Secretary Won’t Let Crypto Become Next Swiss Bank Accounts appeared first on CCN Markets

Source link

News

Bitcoin And Other Crypto Can Accelerate Adoption By Tweaking A Few Things

Published

on

By

Crypto is the future of money and financial transactions, and making it easier to use is only a few small changes away.

Source link

Continue Reading

News

Cryptocurrency ATMs Market: Qualitative Analysis of the Leading Players and Competitive Industry …

Published

on

By

The research report on Cryptocurrency ATMs market aims to impart an in-depth understanding of the growth prospects of this industry vertical over the …

Source link

Continue Reading

News

Japan Is Seriously Considering a Digital Yen: Report

Published

on

By

As rivals and allies move forward with their own CBDC plans, Japan will seriously consider a digital yen as part of this year’s policy agenda.

Source link

Continue Reading

Trending