Biden nominee for Treasury Dept will prioritize crypto regulation
Cointelegraph
Published Jun 22, 2021 12:17PM ET
Updated Jun 22, 2021 02:00PM ET
Brian Nelson, President Joe Biden’s nominee for under secretary for the Department of the Treasury’s division on terrorism and financial crimes, said he would prioritize implementing new regulations around cryptocurrency.
In a Tuesday hearing of the Senate Committee on Banking, Housing, and Urban Affairs, Nelson said he would be focusing on anti-money laundering, or AML, regulations if he were to be confirmed for the position in the Treasury Department’s terrorism and financial intelligence arm, adding cryptocurrency would be a particular priority.
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Written By: Cointelegraph
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