Elizabeth Warren, a senior United States senator sent a letter to Treasury Secretary Janet Yellen in support of stablecoin legislation.
Senator Elizabeth Warren is hoping for new sanctions authority included in stablecoin legislation, and to express her support, she sent a letter to Treasury Secretary Janet Yellen. She supports a more comprehensive Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures for stablecoin.
Elizabeth Warren Supports Adoption Of More Comprehensive AML/CFT
On April 16, Elizabeth Warren expressed her views on stablecoin legislation by sending a letter to Treasury Secretary Janet Yellen. The letter comments on Deputy Treasury Secretary Wally Adeyemo’s testimony before the Senate Banking Committee, focusing on AML/CFT.
Source: warren.senate.gov
In her correspondence, Warren advocated for the implementation of strict AML/CFT regulations mainly targeting stablecoins. Adeyemo’s Senate appearance was to address potential T
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