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the U.S treasury Department is close to releasing risk assessment analyzing criminal use of decentralized Finance joining us now discusses Quinta School of policy and regulation managing editor nickday whos also the editor of coindesks the state of crypto newsletter good morning Nick so what is assistant secretary for terrorist financing and financial crimes Elizabeth Rosenberg saying hey good morning so this was a speech that the assistant secretary gave at a banking conference in Sydney Australia basically decentralized finance and crypto in general she said shes interested and intrigued by it but that it has been used in a number of list activities pointing to for example North Koreas use of crypto to uh well build its nuclear weapons program so the treasury Department will be publishing a risk assessment on D5 soon she did not give a timeline and a readout from the treasury Department did not provide you know much more detail but clearly this is something that the treasury depa