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Crypto: Crypto money laundering would face crackdown under bipartisan Senate bill


A bipartisan pair of senators on Wednesday proposed new steps to crack down on cryptocurrency money laundering, introducing a new bill in the wake of charges against the founder of bankrupt crypto exchange FTX.

Sens. Roger Marshall of Kansas, a Republican, and Elizabeth Warren of Massachusetts, a Democrat, said their bill, by closing loopholes in existing anti-money laundering rules, aims to lessen the risks that cryptocurrencies pose to U.S. national security .


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