Senator Elizabeth Warren Slams Push For Stablecoin Bill, Cites National Security Risks

1 year ago 30

Senator Elizabeth Warren is criticizing the push for a stablecoin bill without anti-money laundering laws in place due to national security concerns, a letter sent on Monday to House Financial Service Committee Chairman Patrick McHenry (R-NC) and Ranking Member Maxine Waters (D-CA) reveals. Warren has long advocated against crypto, specifically garnering bipartisan support for he Digital Assets Anti-Money Laundering Act (DAAMLA).

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