U.S. Treasury Department Issues Warning, Says NFTs May Be Used for Money Laundering

The U.S Treasury Department is issuing a warning to investors that non-fungible tokens (NFTs) could be used to launder money. In a new study, the agency says that the ability to transfer NFTs instantaneously across the world using the internet makes the nascent crypto sector a prime candidate for illicit activities. “The emerging online art […] The post U.S. Treasury Department Issues Warning, Says NFTs May Be Used for Money Laundering appeared first on The Daily Hodl.