KCN: WASHINGTON: RULES FOR TRANSPARENCY OF DIGITAL CURRENCIES

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Washington will introduce new rules for digital currencies, hoping to stop money laundering.

According to The New York Times: “Treasury Secretary Steven Mnuchin said: “The regulations were being developed with other agencies and financial regulators to improve transparency surrounding digital currencies like Bitcoin. The administration has expressed growing concern over the use of such currencies to anonymously execute illegal transactions and potentially evade American sanctions on countries like Iran.”… Stay with us. The news release partner STEX.com.

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