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3/19/2020

Treasury Convenes Cryptocurrency Working Session with Industry Leaders | U.S. Department of the Treasury

Treasury Convenes Cryptocurrency Working Session with
Industry Leaders
March 2, 2020

WASHINGTON—Today, the U.S. Treasury Department convened a meeting of industry thought
leaders and compliance experts to discuss supervisory and regulatory challenges facing digital
assets, including cryptocurrency.
“The U.S. welcomes responsible innovation, including new technologies that may improve the
e iciency of the financial system,” said Secretary Steven T. Mnuchin. “We must ensure that we
balance innovation with the need to protect our national security and maintain the integrity of
our financial system.”
Treasury is focused on preventing the misuse of virtual currencies by money launderers,
terrorist financiers, and other bad actors. The United States will continue to be at the forefront
of regulating entities that provide cryptocurrency, and will not tolerate the use of
cryptocurrencies in support of illicit activities.

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https://home.treasury.gov/news/press-releases/sm926

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