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2023-12-09 14:56:40

geeknik on Nostr: Two measures related to anti-money laundering in the cryptocurrency sector were ...

Two measures related to anti-money laundering in the cryptocurrency sector were eliminated from the National Defense Authorization Act. These measures included the establishment of examination standards for cryptocurrencies and a report on privacy-focused cryptocurrencies. Although these provisions were present in the Senate's version of the bill, they were not included in the House's version and were ultimately excluded from the final legislation. Furthermore, senators have introduced separate bills aimed at dealing with financial transactions involving terrorists, with a particular focus on overseas digital asset firms.

https://www.coindesk.com/policy/2023/12/08/crypto-provisions-dropped-from-2023-us-defense-bill/
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