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Feinstein Asks Treasury, IRS on Illicit Traffickers’ Crypto Use

Jan. 26, 2022, 10:20 PM

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 ...