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Midweek Roundup: White House Proposes Returning Secret Service to Treasury, Withdraws Nomination, and More

U.S. President Donald Trump's budget for the coming fiscal year would move the Secret Service back into the Treasury Department's fold, partly to increase scrutiny of cryptocurrency, fraud and other financial crimes, CoinDesk reported. More Trump abruptly withdrew the nomination of Jessie Liu, former U.S. attorney for the District of Columbia, to become the department's undersecretary for terrorism and financial crimes, Axios reported. More Social media and messaging platforms that develop cryptocurrencies must comply with the same anti-money laundering standards as traditional financial institutions, according to a senior U.S. official cited by Coin Telegraph. More U.S. prosecutors released more than...

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