While Senator Elizabeth Warren’s opposition to cryptocurrencies has already earned her a reputation among the crypto crowd, one of her most recent posts slamming the industry on the social media platform X has received Community Notes throwing a similar argument at her.
As it happens, Warren shared a report by the US Government Accountability Office (USGAO) as evidence for her claim that “rogue nations are using crypto to dodge sanctions and undermine our national security,” as she explained in an X post published on January 21.
According to her, it is “time for crypto to follow the same anti-money laundering rules as everyone else,” for which purpose she said she had prepared “a bill to make it happen,” referring to the Digital Asset Anti-Money Laundering Act that seeks to put a stop to crypto’s alleged use in illicit finance.
A new @USGAO report confirms that rogue nations are using crypto to dodge sanctions and undermine our national security.
It’s time for cry
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