The Treasury Department is pictured in Washington, U.S., April 25, 2021. REUTERS/Al Drago
WASHINGTON (Reuters) - The U.S. Treasury Department's Financial Crimes Enforcement Network on Wednesday said it has identified virtual currency exchange Bitzlato Ltd as a "money laundering concern" related to Russian illicit finance.
The agency's FinCEN unit has issued an order prohibiting certain transmittals of funds involving Bitzlato by any covered financial institution, it said in a statement.
