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US Treasury targets NFTs for potential high-value art money laundering

The Department of the Treasury suggested that the increasing use of art as an investment or financial asset could make the high-value art trades vulnerable to money laundering.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

US Treasury targets NFTs for potential high-value art money laundering

The Department of the Treasury suggested that the increasing use of art as an investment or financial asset could make the high-value art trades vulnerable to money laundering.

Why this matters

This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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