EddieJayonCrypto

 19 Dec 23

tl;dr

Five additional US Senators have thrown their support behind Senator Elizabeth Warren’s Digital Asset Anti-Money Laundering Act, which aims to bring digital assets in line with anti-money laundering and counter-financing of terrorism frameworks. Senators Warnock, Butler, and Van Hollen have joined t...

Five additional US Senators have thrown their support behind Senator Elizabeth Warren’s Digital Asset Anti-Money Laundering Act, which aims to bring digital assets in line with anti-money laundering and counter-financing of terrorism frameworks. Senators Warnock, Butler, and Van Hollen have joined the bill, with Senators Hickenlooper and Luján as cosponsors, amplifying existing support from 14 other Senators. The bipartisan legislation has gained endorsements from various entities, including the Bank Policy Institute and Transparency International U.S, but the urgency of the legislation is underscored by warnings from the Treasury Department, Department of Justice, and national security experts.

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