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Senator Elizabeth Warren’s Crypto Money Laundering Bill Gains Momentum as More Sign On

by Source in article
September 18, 2023
in Regulation
0
Senator Elizabeth Warren’s Crypto Money Laundering Bill Gains Momentum as More Sign On

The wide-ranging bill, introduced in July, would – among other things – extend anti-money-laundering requirements from the Bank Secrecy Act to providers of digital assets wallets, crypto miners, validators and other network participants. One of its original co-sponsors was Sen. Joe Manchin (D-W.V.), who has often occupied a middle ground between the parties on important legislative issues, and two Republicans also supported it from the start: Roger Marshall (R-Kan.) and Lindsey Graham (R-S.C.).

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