📰🔒 U.S. senators, led by Elizabeth Warren, reintroduce anti-money laundering measures for cryptocurrencies, as per BeInCrypto. 💼 The bill advocates mandatory foreign financial account reporting (FBAR) for crypto transactions over $10,000 involving overseas accounts. 🌐💰 Notably, the revised proposal also encompasses reporting suspicions of money laundering or tax evasion, alongside bolstered identity and custody wallet record requirements. 🛡️📝 Stay informed about evolving crypto regulations! #CryptocurrencyRegulation
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
📰🔒 U.S. senators, led by Elizabeth Warren, reintroduce anti-money laundering measures for cryptocurrencies, as per BeInCrypto. 💼 The bill advocates mandatory foreign financial account reporting (FBAR) for crypto transactions over $10,000 involving overseas accounts. 🌐💰 Notably, the revised proposal also encompasses reporting suspicions of money laundering or tax evasion, alongside bolstered identity and custody wallet record requirements. 🛡️📝 Stay informed about evolving crypto regulations! #CryptocurrencyRegulation