U.S. Treasury Report Warns of Illicit Finance Risks Associated With DeFi


Join #Consensus2023, the most important conversation in crypto and Web3, happening April 26-28 in Austin, Texas. Tickets on sale now: https://bit.ly/3XXIq17

In its first analysis of illicit finance risks associated with decentralized finance published Thursday, the U.S. Treasury Department said thieves, scammers, ransomware cyber criminals and actors for North Korea are using DeFi to launder proceeds from crime. “The Hash” panel discusses the new report calling for more oversight and the pros and cons of open finance.