US House Approves Bill to Tackle Crypto-Related Illicit Finance

US House Approves Bill to Tackle Crypto-Related Illicit Finance

The US House of Representatives has approved a significant new bill targeting the use of cryptocurrency for illegal finance activities. Introduced by Representative Zach Nunn (R-Iowa) on July 22, the legislation aims to establish a governmental working group to assess and mitigate the use of digital assets in terrorism and money laundering. This bipartisan initiative is designed to foster collaboration between public and private sectors to ad...

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