U.S. Treasury Department sets new guidelines for cryptocurrency companies

According to reports, the U.S. Treasury Department has issued a series of guidelines or best practices for companies and major players operating in the crypto field.These guidelines follow the restrictions on the encryption field, while considering industry-wide regulations, and adding network security protocols,Suitable for most participants in the crypto space, from exchanges and miners to large financial institutions.Ari Redbord, a former senior adviser to the Ministry of Finance, said: This is the beginning of a coordinated operation, a deterrent operation around ransomware.