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U.S. Senator: The digital asset AML bill may pass in September to strengthen encryption regulation.
[CoinWorld] U.S. Senator Elizabeth Warren stated that Congress may pass the "Anti-Money Laundering Act for Digital Assets" in September, which aims to strengthen regulation of the crypto assets industry and requires digital asset service providers to comply with the same anti-money laundering rules as financial institutions. Warren noted that the bill has received bipartisan support and will fill existing legal gaps.