U.S. senator Elizabeth Warren reintroduced the Digital Asset Anti-Money Laundering Act on July 28, backed by unlikely allies — the Wall Street banks.
The Bank Policy Institute, a financial policy think tank made up of a cohort of banks, backed the legislation that aims to mitigate the national security risks posed by cryptocurrencies. Historically, Warren has been a fervent critic of The Bank Policy Institute, but they seemed to have found common ground — the need to crack down on crypto.
Support authors and subscribe to content
This is premium stuff. Subscribe to read the entire article.
Login if you have purchased