Ethereum

Elizabeth Warren’s cryptocurrency bill is likely unconstitutional and unlikely to pass.

This is how Warren’s AML works. Warren’s proposal is crafted in a way that would increase reporting requirements for almost all aspects of cryptocurrency. This includes everything from centralized exchanges where it might make sense to file a “suspicious activity report” (SAR) to players and parts of the blockchain where the concept of collecting user information is absurd, such as node operators and software developers.

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