🚀Cryptocurrency Anti-Money Laundering Progress Expands!👏
- Senator Elizabeth Warren called for preventing "the use of cryptocurrency in money laundering, drug trafficking, and sanctions evasion".
- 9 other Senators support the Digital Asset Anti-Money Laundering Act.
- Proposals include: tightening non-asset e-wallets, expanding Bank Secrecy Act responsibilities, establishing AML/CFT compliance checks, etc.
- Warren thinks there is a "$50 billion crypto tax gap" and needs to update tax policy.
💬What do you think about this proposal? Please share your opinion below in the comments section!