Crypto Conversions Can Be Traced: US Customs

Each time a conversion is made from a cryptocurrency to a government-issued currency, a “vulnerability” is created that can help track transactions, a U.S. Immigration and Customs Enforcement (ICE) official reported. Matthew Allen, an assistant director of domestic operations with the Homeland Security Investigations (HSI) division of ICE, spoke before the U.S. Senate Caucus on International Narcotics Control during an October 2 hearing and discussed the role of cryptocurrencies in drug trafficking.

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As digital transformation strategies take hold and organizations embrace a philosophy of data-driven decision-making, many functions that have traditionally communicated little with each other are coming together around a shared need for current and relevant information. In this environment, IT and tax departments have a signifi


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Spotlight

As digital transformation strategies take hold and organizations embrace a philosophy of data-driven decision-making, many functions that have traditionally communicated little with each other are coming together around a shared need for current and relevant information. In this environment, IT and tax departments have a signifi

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