Romney, Colleagues Introduce Crypto Anti-Money Laundering Bill to Stop Illicit Transfers
July 20, 2023
July 20, 2023
WASHINGTON, July 20 -- Sen. Mitt Romney, R-Utah, issued the following news release:
In an effort to prevent money laundering and stop crypto-facilitated crime and sanctions violations, U.S. Senators Mitt Romney (R-UT), Jack Reed (D-RI), Mike Rounds (R-SD), and Mark Warner (D-VA) introduced the Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act. This bipartisan legislation requires decentralized finance (DeFi) services to meet the same anti-money laundering (AML) . . .
In an effort to prevent money laundering and stop crypto-facilitated crime and sanctions violations, U.S. Senators Mitt Romney (R-UT), Jack Reed (D-RI), Mike Rounds (R-SD), and Mark Warner (D-VA) introduced the Crypto-Asset National Security Enhancement and Enforcement (CANSEE) Act. This bipartisan legislation requires decentralized finance (DeFi) services to meet the same anti-money laundering (AML) . . .