US Government Accountability Office Urges Crypto Regulations to Counter Human Trafficking and Drug Cartels

Mayer & Brown |Sean P. McDonnell and Gina M. Parlovecchio | Jan 13, 2022 Overview On January 10, 2022, the US Government Accountability Office (“GAO”) issued an 84-page report warning of the role that virtual currencies continue to play in human and drug trafficking and urging tighter regulation of certain kinds of virtual currency transactions. The

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