Regulation· ★★★· bearish·

US Treasury Amplifies Bessent's Operation Economic Outcast

  • —US Treasury retweeted Secretary Scott Bessent's post on Operation Economic Outcast
  • —The initiative targets revenue sources for illicit funding networks
  • —Treasury ties the effort to curbing money laundering via digital assets
  • —No specific measures or timeline for the operation were disclosed
Why it matters: Fresh Treasury pressure on crypto funding channels could affect exchanges and services tied to sanctioned entities.
Source: Coinfomania