The US Treasury has expanded its financial monitoring of cash transactions. Starting April 14, money service businesses in 30 zip codes in California and Texas must report cash transactions of $200 or more to the Treasury Department. The policy has sparked discussions about whether it could be extended to cryptocurrency transactions. Although the policy is currently mainly aimed at cash transactions, the cryptocurrency industry is also concerned about its potential impact. However, experts point out that the policy does not currently apply to digital asset transactions conducted through platforms such as Coinbase. "There are crypto companies that are licensed and considered money services businesses," said Neeraj Agrawal, communications director at Coin Center. "However, the order starts with cash, so it looks like it is mainly targeting businesses like Western Union." An interim order issued Friday by the Financial Crimes Enforcement Network (FinCEN) requires money service businesses in 30 zip code areas in California and Texas to report cash transactions over $200, below the usual $10,000 reporting threshold. Such reports require the name, address and Social Security number of the individual who initiated the transaction; the amount and currency type of the transaction; and the recipient and purpose of the transaction.