The US House of Representatives Financial Services Committee has proposed a bill today that would initiate a study on how cryptocurrencies are used in sex trafficking.
Should the bill be approved and signed into law, it would require the Comptroller General of the US to research how “virtual currencies and online marketplaces are used to buy, sell, or facilitate the financing of goods or services associated with sex trafficking.” The study would additionally examine the usage of cryptocurrency in the illicit drug trade.
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