Senator Warren's bill aims to mandate stricter reporting requirements by extending the Bank Secrecy Act (BSA) responsibilities, including Know-Your-Customer (KYC) requirements, file reports on "transactions involving unhosted wallets", and more. All in attempt to close "loopholes and bring the digital asset ecosystem into greater compliance."
This bill is endorsed by Bank Policy Institute, Massachusetts Bankers Association, Transparency International U.S., Global Financial Integrity, National District Attorneys Association, Major County Sheriffs of America, Massachusetts Sheriffs’ Association, AARP, National Consumer Law Center, and National Consumers League.
https://www.zerohedge.com/crypto/bitcoin-battered-sen-warren-unveils-bill-crack-down-crypto
I posted this here on May 7 and thought it was done "Went to public library to do my census and consistent with the luck I have got the long form. About 70 WOKE questions and questions that are none of their business IMHO as they don't care about real Canadians. I just filled out the number of residents as it is starred and then just kept hitting next until the end. Had a 15 minute timer and it took me 15 minutes. Could leave comments but by then out of time and patience. 🤮"
Imagine my surprise when a census worker showed up at my door yesterday because I hadn't done. She knew I had the long form and had it with her for us to complete and I told her when and where I filled out, even approximate time of day, and she asked for confirmation code so went to work trying to find. When you are rushed naturally can't find so said that I couldn't find. Found as soon as she got back to her car and showed her before she drove off. I can't hate this country enough as I know that because I only ...