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
The Liberals must stop growing the public service and instead find ways to boost the economy
(Really, get off our backs and get out of the way. That's all it would take)
https://nationalpost.com/opinion/fire-the-bureaucrats