Feinstein Asks Treasury, IRS on Illicit Traffickers’ Crypto Use

Democratic Senator Dianne Feinstein asks the U.S. Treasury Department and the IRS for information on how digital currencies are used in human and drug trafficking.

• In letter to Treasury Secretary Janet Yellen and IRS Commissioner Charles Rettig, Feinstein asks what steps the department and the IRS are taking to address a recent report on how federal agencies may not have all the data they need on the use of digital currencies to facilitate human and drug trafficking
  • “Do you require any additional legislative authorities to implement GAO’s recommendations or to take other actions you are taking or considering ...