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U.S. House Committee to probe crypto’s role in illicit activities

On Nov. 15, the U.S. House Financial Services Committee will scrutinize crypto currency’s role in illicit activities , focusing on money laundering and terrorism funding. The U.S. House of Representatives Financial Services Committee (FSC) is holding a big meeting on Nov. 15 to discuss illegal activities in the crypto currency world. This meeting, called “Crypto crime in context: breaking down the illicit activity in digital assets,” is essential because it looks into how digital currencies are used for crimes like money laundering and funding terrorism. #NEW: Chairman @PatrickMcHenry announces a markup of legislation to provide clarity for the digital asset ecosystem and address national security concerns. Read more https://t.co/kb2smj24Io — Financial Services GOP (@FinancialCmte) July 22, 2023 Experts like Bill Hughes from Consensys, Jonathan Levin from Chainalysis, and Jane Khodarkovsky, who knows a lot about tracking money in human trafficking, will ...