OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Warren, Marshall, Manchin, Graham Expand Coalition for Bipartisan Bill Cracking Down on Crypto's Use in Money Laundering, Drug Trafficking, Sanctions Evasion

Press Release

Date: Sept. 15, 2023
Location: Washington, D.C.
Issues: Finance and Banking Science, Technology and Communication

"Cybercriminals use cryptocurrencies and other digital assets to demand ransom payments and conduct illegal activities in part because they are able to take steps to obscure transactions and evade existing anti-money laundering controls. This bill will help close loopholes and strengthen the tools needed to counter the illicit use of cryptocurrencies by bad actors and protect our national security."


Source
arrow_upward