U.S. senators call for updating U.S. bank secrecy laws to combat cryptocurrency threat
US Senator Elizabeth Warren (Democrat from Massachusetts) has called for an update to the country's bank secrecy laws to address the "threat" of cryptocurrency. She stated: "We need to update it again because there are new threats. It's cryptocurrency." She claimed that cryptocurrency is being used for terrorist financing and drug trafficking.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
ThorChain struggles following executive decision
A combination of inflationary pressures, rising liabilities and the potential collapse of critical systems required a strategy reevaluation
Election swayed advisers, but crypto adoption has room to run
Half the surveyed advisers still consider regulatory uncertainty the top hurdle for future crypto investments
SOL ETFs unlikely to be approved in US ‘anytime soon’
Sol Strategies CEO Leah Wald told Blockworks that she’s pleased with the amount of developer activity and enthusiasm in the Solana ecosystem
Trending news
MoreCrypto prices
More
