Elizabeth Warren Gains Support for AML Bill Targeting Crypto
Five more U.S. senators, including Senators Raphael Warnock, Laphonza Butler, Chris Van Hollen, John Hickenlooper, and Ben Ray Luján, have agreed to cosponsor Senator Elizabeth Warren's Digital Asset Anti-Money Laundering Act, which aims to crack down on money laundering and illicit uses of cryptocurrencies. The bill already had bipartisan support and backing from various organizations, but critics argue that the focus should be on bad actors rather than digital assets themselves.