NFTs Should Fall Under Anti-Money Laundering Law, DOJ Says

Reported by: DAVID JOLLY Attorney General Merrick Garland wants to expand the Bank Secrecy Act to non-fungible tokens to deter money laundering.  In a report to President Joe Biden earlier this month, the US Justice Department warned that NFT players could be using the digital assets for illicit financing, by “self-laundering, a sequence in which criminals purchase […]