Last October, the Financial Crimes Enforcement Network (FinCEN) – the U.S. Treasury Department’s money laundering watchdog – announced a proposal to label crypto mixers as a “primary money laundering” concern, a move that alarmed a broad swath of the crypto industry. Treasury Under Secretary for Terrorism and Financial Intelligence Brian Nelson addressed this move and more at CoinDesk’s Consensus 2024 last month in Austin, Texas on stage. The following transcript has been lightly edited (and the bulk of my questions have been slimmed down to their gist).Opinion, opinion, Newsletters, State of Crypto, Regulations, U.S. Treasury Department, Brian Nelson, FinCEN, OFACRead More

You might also be interested in reading In early November 1910 six people disguised as duck hunters met secretly at Jekyll Island. Three years later the Federal Reserve was created by Pres. Wilson. Forbes called the meeting the “strangest, most secretive expedition in the history of American finance.”.