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Senator 🇺🇸 Elizabeth Warren introduces the Digital Assets Anti-Money Laundering Act of 2023. This bill would expand Bank Secrecy Act (BSA) responsibilities, including KYC requirements for all cryptocurrency wallet providers, miners, and validators. This bill would be essentially unworkable and the current version is unlikely to pass the Senate, let alone the House, where the Republican Party retains control, BUT it would be The starting point for a negotiation, what they want is for the majority of transactions to go through intermediaries to protect banks in the name of anti-money laundering.$BTC $ETH $BNB #Uptrend

Senator 🇺🇸 Elizabeth Warren introduces the Digital Assets Anti-Money Laundering Act of 2023.

This bill would expand Bank Secrecy Act (BSA) responsibilities, including KYC requirements for all cryptocurrency wallet providers, miners, and validators.

This bill would be essentially unworkable and the current version is unlikely to pass the Senate, let alone the House, where the Republican Party retains control, BUT it would be The starting point for a negotiation, what they want is for the majority of transactions to go through intermediaries to protect banks in the name of anti-money laundering.$BTC $ETH $BNB #Uptrend

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