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News Explorer — Crypto Provisions Stripped From the National Defense Authorization Act

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Dec 8, 10:31 pm
Coindesk

Crypto Provisions Stripped From the National Defense Authorization Act

Two provisions addressing anti-money-laundering concerns in the crypto industry were dropped from the National Defense Authorization Act, a military-funding bill. The provisions would have created an examination standard for crypto assets and required a report on the use of privacy coins. The bill is considered must-pass legislation but is often amended with additional provisions.

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