-
Senators Warn Crypto Bill Could Weaken U.S. Anti-Money Laundering Laws
Senior members of the Senate Judiciary Committee are warning that a proposed crypto market structure bill could severely undermine the federal government’s efforts to take down money launderers and other financial criminals. In a private letter, Judiciary leaders, including Chuck Grassley and Dick Durbin let Senate Banking Chair Tim Scott and ranking member Elizabeth Warren know that a key provision looks like it might let law enforcement’s authority get watered down by basically giving some money laundering suspects special treatment without any real oversight. This letter was sent by Grassley and Durbin to ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From cryptoinamerica.com | Jan 19, 2026
The ball is now in Coinbase’s court. That’s what sources at both the White House and the Senate Banking Committee tell Crypto In America after the crypto exchange withdrew its support for the Committee’s crypto market structure bill, prompting a pause in last week’s scheduled markup. Last Wednesday evening, the Banking Committee pulled a highly anticipated ...
From theblock.co | Jan 19, 2026
South Korean customs investigators have disrupted an international money laundering network that allegedly processed 148.9 billion won ($101.7 million) using cryptocurrency and the domestic banking system. The Korea Customs Service (KCS) said Monday that it has referred three individuals to prosecutors for alleged violations of the Foreign Exchange ...
U.S. PRESIDENT TRUMP IN LETTER TO NORWAY PM: I NO LONGER FEEL AN OBLIGATION TO THINK PURELY OF PEACE, ALTHOUGH IT WILL BE PREDOMINANT
