Senator Warren accuses crypto lobbyists of obstructing anti-terrorism efforts
In a pointed letter to prominent crypto lobbying groups, including the Blockchain Association, Coin Center and Coinbase, Warren emphasized the potential negative impact of their lobbying activities. Warren accuses these groups of engaging in efforts that could delay or obstruct the implementation of new regulations aimed at curbing the use of cryptocurrencies by terrorists and criminals. Warren’s latest assertions come amidst a broader conversation about the role of digital currencies in unlawful activities. She alleges that their activities represent an abuse of Washington’s “revolving door,” granting undue legitimacy to the crypto industry. Furthermore, the senator requested detailed information from the Blockchain Association about the employment and compensation of former military, government officials, and Congress members within the organization. You might also like: US Senator Elizabeth Warren introduces bill to crack down on crypto The late...