DOJ team to target crypto platforms

The Justice Department has launched a team to target cryptocurrency platforms that support money laundering, a top DOJ official said

Team: As reported by Cointelegraph, Deputy Attorney General Lisa Monaco said the new National Cryptocurrency Enforcement Team will draw on the expertise of cyber, money-laundering, and prosecutorial experts.

Sanctions: The Treasury Department last month announced the first-ever sanctions on a crypto exchange—Russia-based SUEX—as policymakers race to develop a regulatory structure for digital assets.

More: ICBA offers community bank primers on crypto and central bank digital currency.