US Senator Focused on Crypto Money Laundering Crackdown — Urges Congress, Regulators to Take Action
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U.S. Senator Elizabeth Warren has called on Congress to ensure regulators, such as the Securities and Exchange Commission (SEC), have the tools to regulate the crypto industry effectively and crack down on crypto money laundering activities. “The current legal structure essentially holds up a giant sign over crypto that says, money laundering done here,” the lawmaker stressed. Senator Urges Congress to Crack Down on Crypto Money Laundering U.S. Senator Elizabeth Warren (D-MA) said in an interview with Politico’s Morning Money Wednesday that cracking down on money laundering activities is her “main focus” in terms of crypto-related legislation. The senator confirmed
A storm of controversy has erupted after the Securities and Exchange Commission (SEC) approved the first wave of spot bitcoin exchange-traded funds (ETFs), pitting lawmakers against each other in a heated debate over cryptocurrency regulation. Leading the charge against the SEC’s decision is Senator Elizabeth Warren (D-MA), a longtime voice…