Bitcoin on Nostr: Bipartisan Support for Digital Asset Anti-Money Laundering Act Grows Five new ...
Bipartisan Support for Digital Asset Anti-Money Laundering Act Grows
Five new senators have joined as cosponsors of the Digital Asset Anti-Money Laundering Act, led by Elizabeth Warren, to enhance regulations on crypto assets for preventing illicit activities.
- The act aims to extend anti-money laundering and counter-terrorism financing frameworks to the digital asset ecosystem, closing loopholes and increasing compliance.
- The bipartisan support includes members of the Senate Banking Committee, signaling growing concern over the use of cryptocurrencies in money laundering, ransomware attacks, and other financial crimes.
https://www.warren.senate.gov/newsroom/press-releases/warren-expands-coalition-of-banking-committee-support-for-bill-cracking-down-on-cryptos-use-in-money-laundering-drug-trafficking-sanctions-evasion
Five new senators have joined as cosponsors of the Digital Asset Anti-Money Laundering Act, led by Elizabeth Warren, to enhance regulations on crypto assets for preventing illicit activities.
- The act aims to extend anti-money laundering and counter-terrorism financing frameworks to the digital asset ecosystem, closing loopholes and increasing compliance.
- The bipartisan support includes members of the Senate Banking Committee, signaling growing concern over the use of cryptocurrencies in money laundering, ransomware attacks, and other financial crimes.
https://www.warren.senate.gov/newsroom/press-releases/warren-expands-coalition-of-banking-committee-support-for-bill-cracking-down-on-cryptos-use-in-money-laundering-drug-trafficking-sanctions-evasion