Christy Goldsmith Romero, a member of the U.S. Commodity Futures Trading Commission (CFTC), urged crypto companies to verify the digital identity of users and said that Congress is considering new laws to address anonymity and digital identity issues. Goldsmith Romero said, "Government and industry need to address the main feature that makes cryptocurrencies attractive to illicit finance, namely anonymity, and must manage the risks associated with digital assets. Reducing the risk of illicit finance in the cryptocurrency market requires addressing the challenge of identity verification. Although public blockchains provide a certain degree of transparency and traceability, the use of mixers and anonymity-enhancing technologies increases potential significant risks." (Cointelegraph)