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220 sats \ 0 replies \ @Wumbo 22h \ on: Amendment Passes Senate Preventing Crypto In "Illicit Financial Transactions" Politics_And_Law
“The most urgent problem in crypto today is its illicit use by rogue nations, ransomware gangs, drug traffickers, and cybercriminals,”
Rouge Nation (check)- https://en.wikipedia.org/wiki/2003_invasion_of_Iraq CyberCriminals (check)- https://en.wikipedia.org/wiki/Stuxnet Drug Traffickers (check)- https://en.wikipedia.org/wiki/CIA_involvement_in_Contra_cocaine_trafficking Ransomware gangs (check) - https://en.wikipedia.org/wiki/Silk_Road_(marketplace)#Arrest_and_trial_of_Ross_Ulbricht
Requires the Secretary of the Treasury to establish examination standards for crypto assets
Good to see the fox is making the rules for the hen house.
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