In light of the recent collapse of the crypto exchange FTX, Senators Elizabeth Warren and Roger Marshall have introduced the Digital Asset Anti-Money Laundering Act. The Act is aimed at the cryptocurrency industry and its proposed regulations have already elicited opinions from critics calling it “opportunistic” and “unconstitutional.”
The bill proposed by Senator Warren, a vocal critic of cryptocurrencies, and Senator Marshall, will place new know-your-customer (KYC) requirements on crypto network participants. Amid the United States Senate hearings regarding the collapse of the crypto exchange FTX, Senators Warren and Marshall introduced the Digital Asset Anti-Money Laundering Act targeting the cryptocurrency industry. The main aim of the bill is to place KYC requirements on blockchain infrastructure providers and participants in the U.S. The scope of the bill includes developers creating software for decentralised networks and even extends to the validators and miners that
We współpracy z: https://cryptodaily.co.uk/2022/12/us-senators-warren-marshall-introduce-new-crypto-bill
