At Hearing, Warren Calls for Closing Gaps in Crypto Anti-Money Laundering Rules As Treasury Requested
April 09, 2024
April 09, 2024
WASHINGTON, April 9 -- Sen. Elizabeth Warren, D-Massachusetts, issued the following news release:
At a hearing of the Senate Committee on Banking, Housing, and Urban Affairs, Senator Elizabeth Warren (D-Mass.) asked Deputy Secretary of the Treasury Adewale Adeyemo about gaps in Anti-Money Laundering (AML) rules that allow sanctioned entities like Iran to earn revenue processing crypto transactions.
Senator Warren highlighted that validators, middlemen between the payer . . .
At a hearing of the Senate Committee on Banking, Housing, and Urban Affairs, Senator Elizabeth Warren (D-Mass.) asked Deputy Secretary of the Treasury Adewale Adeyemo about gaps in Anti-Money Laundering (AML) rules that allow sanctioned entities like Iran to earn revenue processing crypto transactions.
Senator Warren highlighted that validators, middlemen between the payer . . .