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Midweek Roundup: Biden Orders Cryptocurrency Review, FinCEN Warns of Russian Sanctions Evasion, and More

U.S. President Joe Biden ordered officials to conduct a swift, interagency review of current cryptocurrency regulations and recommend improvements, ACAMS moneylaundering.com reported. More The U.S. financial intelligence unit warned banks, exchanges and other institutions to screen for Russian individuals and firms that may use cryptocurrency to circumvent sanctions against Russia, the Financial Times reported. More A bipartisan group of U.S. senators introduced legislation that would impose sanctions on any individual or entity caught transporting, buying or selling Russian gold, Axios reported. More U.K. lawmakers voted to advance a long-awaited bill to upgrade the nation's framework against illicit finance amid mounting...

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