🚨 Latest news from the United States, the Digital Asset Anti-Money Laundering Act bill supported by Senator Elizabeth Warren has now received support from 5 other senators. This bill aims to tighten money laundering rules in the US by classifying crypto companies, miners, and applications such as non-custodial wallets as financial institutions under the Bank Secrecy Act. 😱

However, don't panic yet! Most of the bills proposed by Senator Warren in recent years have failed to pass in Congress. So, the chances of this bill being passed are still slim. 🤞

What do you think about this bill? Is this really a serious threat to the crypto industry or is it just a futile effort? Let's discuss in the comments column! 💬