**Treasury’s 2024 Strategy:** How Automation & Innovation Will Combat Illicit Finance
Washington, DC – The Treasury Department’s 2024 national illicit finance strategy focuses on closing regulatory gaps to combat money laundering in the American banking system. Released on May 16, 2024, the strategy emphasizes the ongoing efforts to strengthen the country’s anti-money laundering and countering the funding of terrorism framework. The Department outlined its 2024 “National Strategy for Combatting Terrorist and Other Illicit Financing,” highlighting its commitment to fighting illicit financial activities, particularly in the cryptocurrency …