Senators Elizabeth Warren and Roger Marshall’s Anti-Money-Laundering Bill Signals Crypto Is Headed for a Clash With National Security Interests

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Senators Elizabeth Warren and Roger Marshall’s Anti-Money-Laundering Bill Signals Crypto Is Headed for a Clash With National Security Interests
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But in a world where the blockchain transactions are truly untraceable, the significant anti-money laundering (AML) rules and regulations built up since the 1970s, and the expanded anti-terrorist financing (CFT, or countering the financing of terrorism) processes put in place since the 2000s, may become toothless. The status quo among crypto, law-enforcement and national-security communities will turn into open conflict.

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