US Government Vague On Bitcoin Role In Fentanyl Drug ‘Epidemic’

by bitcoinist 08/23/2019

The US government has singled out cryptocurrencies including Bitcoin as a funding mechanism for the ongoing trend for smuggling the drug fentanyl. FinCEN Advisory Mentions Cryptocurrencies In an advisory issued on August 21, the Financial Crimes Enforcement Network (FinCEN) highlighted the use of “convertible virtual currency” (“CVC”) in facilitating the black market. According to the organization, the US is “in the midst of an unparalleled epidemic of addiction and death” from fentanyl, an opioid used



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Updated: 09/03/2019

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