QUORUMCALL//GPT:
Senator Elizabeth Warren calls for stronger anti-money laundering protections in a hearing, highlighting the risks posed by cryptomines to US national security.
THE HEARING
• Senator Warren, a member of the Senate Banking Committee, emphasized the importance of implementing robust anti-money laundering (AML) measures to prevent cryptomines from undermining US national security.
• She suggested a more comprehensive approach towards regulation, and expressed concern over the potential of cryptomines to facilitate illicit activities.
THE BIG PICTURE
• Warren’s call for stronger AML protections aligns with her previous stance on stricter regulation of cryptocurrencies.
• The threat to national security is a new angle in her argument, reflecting growing concerns over the misuse of cryptomines.
TOPICS COVERED
#AntiMoneyLaundering #Cryptocurrency #NationalSecurity
NOTE
This article was published on Foreign Affairs, a platform committed to rigorous analysis of international politics and foreign policy.
