Odaily Planet Daily News: U.S. Senator Roger Marshall has withdrawn from the crypto anti-money laundering bill he originally proposed with Democratic Senator Elizabeth Warren, becoming the first co-sponsor to do so. Warren and Marshall first proposed the bill in December 2022 to strengthen U.S. anti-money laundering rules for digital assets. The bill was reintroduced in July 2023 and was supported by the Banking Policy Institute, which represents banking giants such as Bank of America and Citigroup. But the crypto industry has long opposed the bill, suggesting that it is ineffective in decentralized finance and that excessive regulation in the field will stifle innovation. (The Block)