logo on Nostr: ICYMI: some language in Senator Warren’s proposed Crypto AML Bill last week… ...
ICYMI: some language in Senator Warren’s proposed Crypto AML Bill last week…
“SEC. 3. DIGITAL ASSET RULEMAKINGS.
(a) MONEY SERVICE BUSINESS DESIGNATION.—The Financial Crimes Enforcement Network shall promulgate a rule classifying custodial and unhosted wallet providers, cryptocurrency miners, validators, or other nodes who may act to validate or secure third-party transactions, independent network participants, including MEV searchers, and other validators with control over network protocols as money service businesses.”
“SEC. 3. DIGITAL ASSET RULEMAKINGS.
(a) MONEY SERVICE BUSINESS DESIGNATION.—The Financial Crimes Enforcement Network shall promulgate a rule classifying custodial and unhosted wallet providers, cryptocurrency miners, validators, or other nodes who may act to validate or secure third-party transactions, independent network participants, including MEV searchers, and other validators with control over network protocols as money service businesses.”