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Weekly Roundup: White House Pitches Larger TFI Budget, FinCEN Prepares New Crypto Rules, and More

President Donald Trump proposed to increase the budget of the Treasury Department's Office of Terrorism and Financial Intelligence by $3 million next year as part of efforts to tighten scrutiny of cryptocurrencies. More Treasury Secretary Steven Mnuchin told lawmakers the department's Financial Crimes Enforcement Network is preparing to issue new rules for cryptocurrency firms, The New York Times reported. More Former U.S. Attorney Jessie Liu resigned from Treasury after Trump disclosed that he had withdrawn her nomination to lead TFI, CNN reported. More Federal prosecutors accused Huawei in a new court filing of doing business in North Korea and tasking...

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