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U.S. and Canada to Share Data on Cross-border Currency Seizures

By Brian Monroe

The United States and Canada will soon begin sharing more data on seized currency in an effort to crackdown on terrorist financing and other crimes, the Department of Homeland Security said Tuesday. Homeland Security Secretary Janet Napolitano and Public Safety Minister Peter Van Loan announced the joint initiative, along with other security and travel programs, following the conclusion of their second biannual meeting. Negotiations on the agreement, which will focus on money seized at the border, are in the final stages, they said. The initiative should improve the speed, efficiency and quantity of information moving between the two countries, said...

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