Bipartisan Group of Senators Re-Introduce the Digital Asset Money Laundering Act

Legislation Targets Unhosted Wallets, Validators and Digital Asset ATMs – On July 28th, Senators Elizabeth Warren (D-Mass), Roger Marshall (R-Kan.), Joe Manchin (D-W.Va.) and Lindsey Graham (R-S.C.), reintroduced the Digital Asset Anti-Money Laundering Act (the “Act”), legislation aimed at closing gaps in the existing anti-money laundering and countering of the financing of terrorism (AML/CFT) framework as it applies to digital assets. Senators Warren and Marshall previously had introduced the…
By: Ballard Spahr LLP