US Senator Warren says crypto industry should follow money-laundering rules

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US Senator Elizabeth Warren on Wednesday (Dec 14) said it was time for lawmakers to force cryptocurrency firms to follow the same money-laundering rules as other financial institutions. The Democratic senator from Massachusetts spoke during a congressional hearing investigating the collapse of crypto excha

US Senator Elizabeth Warren on Wednesday said it was time for lawmakers to force cryptocurrency firms to follow the same money-laundering rules as other financial institutions.

"It is time for Congress to make the crypto industry follow the same money laundering rules as everyone else," Warren said US authorities on Tuesday accused FTX founder Sam Bankman-Fried of a series of violations, including money laundering and fraud.

 

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