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RE: Another challenge is that there is no serious interest to pursue the XRP ETF according to Seyff
The U.S government has continued its crackdown on capital flight and illegal money transfers, by targeting crypto-related businesses. The Department of Justice (DoJ), in a court filing, has asked that a case be opened against crypto exchanges under the Bank Secrecy Act (BSA). The Department cited concerns that virtual currency transactions may indicate that they are used to hide illegal activity; or to launder money.