Cryptocurrencies used for lawbreaking, AML violations, SEC chair says
By Richard Vanderford ( August 3, 2021, 21:31 GMT | Insight) -- Cryptocurrencies are in a "wild west" phase that allows bad actors to skirt US anti-money laundering laws and sanctions, Securities and Exchange Commission Chair Gary Gensler said. The digital assets are mostly used to skirt the law, he said.Cryptocurrencies are in a "wild west" phase that allows bad actors to skirt US anti-money laundering laws and sanctions, Securities and Exchange Commission Chair Gary Gensler said....
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