North Korea and criminals are using DeFi services for money laundering — US Treasury Post author:MiamiCrypto Post published:April 6, 2023 Post category:Crimes / DeFi / Money Laundering / north korea / Regulation Despite the warnings on DeFi, Treasury noted that “most money laundering, terrorist financing, and proliferation financing” occurred using fiat or outside the crypto ecosystem. You Might Also Like Federal Reserve, FDIC, OCC Discuss Allowing Banks to Hold Crypto on Balance Sheets October 28, 2021 Fed Chair Powell Says Crypto Needs New Regulation Citing Risks to US Financial System March 24, 2022 US Releases Draft Crypto Framework—‘Golden Age of Digital Assets Is Here’ May 6, 2025