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regulations

(2 articles)

The US Senate tries to strangle Bitcoin custodial services with draconian new AML regulations

A newly proposed money laundering law in the US Senate would ratchet up scrutiny and surveillance on bitcoin at a smaller threshold on Coinbase than dollars at Bank of America.

amlbitcoinregulationsmoney launderingUS Senateself-custodycustodialnatural rightsbankingrulesFATF

The US Senate tries to strangle Bitcoin custodial services with draconian new AML regulations

This law means there'd be more scrutiny and surveillance on bitcoin at a smaller threshold on Coinbase than dollars at Bank of America.

bitcoincustodial walletsAMLmoney launderingUS Senateregulationsbitcoin regulationyaël ossowskiconsumer choice centerbitcoin policy institute