US senator claims Biden administration uses crypto as ‘scapegoat’ to mask failures in halting illicit finance

In a pointed critique during a Senate hearing on April 9, Senator Tim Scott accused the current US administration of making digital assets the “scapegoat” in efforts to combat terrorism financing, ignoring more significant, more traditional sources of such funding, particularly those benefiting Iran. Addressing Deputy Treasury Secretary Adewale Adeyemo, Scott voiced concerns over the […] source: https://cryptoslate.com/us-senator-claims-biden-administration-uses-crypto-as-a-scapegoat-to-mask-failures-in-halting-illicit-finance/