US Senators Rally Behind Elizabeth Warren's Crypto Bill as Digital Dollar Debate Intensifies

Nine US Senators, including Gary Peters and Dick Durbin, have publicly backed Senator Elizabeth Warren's Digital Asset Anti-Money Laundering Act, which aims to crack down on the illicit use of cryptocurrencies. The bill seeks to extend Bank Secrecy Act responsibilities, establish compliance examinations, and address the "crypto tax gap." Warren's expanding bipartisan coalition demonstrates Congress's readiness to take action on regulating cryptocurrencies.