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Five Things to Know in Crypto This Week: The SEC, The Fed, and Senator Warren

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Senator Elizabeth Warren in the Spotlight

Senator Elizabeth Warren and the anti-crypto drive remained a hot topic in the week. On Monday, December 11, Senator Warren issued a statement revealing increased support for the Digital Asset Anti-Money Laundering Act.

Notably, Senator Warren continued to highlight the use of crypto for illicit activity, saying,

“The Treasury Department is making clear that we need new laws to crack down on crypto’s use in enabling terrorist groups, rogue nations, drug lords, ransomware gangs, and fraudsters to launder billions in stolen funds, evade sanctions, fund illegal weapons programs, and profit from devastating cyberattacks.”

According…
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