News Explorer — Senator Elizabeth Warren Has Bipartisan Opposition to Her Crypto Anti-money Laundering Bill

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Aug 7, 5:30 pm

Blockworks

Senator Elizabeth Warren Has Bipartisan Opposition to Her Crypto Anti-money Laundering Bill

Senators Elizabeth Warren and Roger Marshall have reintroduced their crypto anti-money laundering bill, the Digital Asset Anti-Money Laundering Act of 2023. The bill aims to bring crypto participants, including wallet providers, miners, and validators, under compliance requirements for financial institutions. Opponents argue that these entities are not equipped to meet these requirements and that it would hinder their ability to conduct business.

Senators Elizabeth Warren and Roger Marshall have reintroduced their crypto anti-money laundering bill, the Digital Asset Anti-Money Laundering Act of 2023. The bill aims to bring crypto participants, including wallet providers, miners, and validators, under compliance requirements for financial institutions. Opponents argue that these entities are not equipped to meet these requirements and that it would hinder their ability to conduct business.

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