United States Senator Elizabeth Warren has announced a bill that prevents cryptocurrency exchanges from cooperating with sanctioned companies.
Senator Elizabeth Warren made statements to the “Senate Banking Committee” on March 17. Warren, said in a statement, based in the USA to crypto companies “If you refrain from sanctioning Russia, you will be put on the sanctions list.” said.
The draft law on digital asset sanctions, 10 Democrats senator (Duckworth, Cortez Masto, Menendez, Van Hollen, Warnock, Smith, Stabenow, Reed, Tester and Warner) was signed by
“The crypto industry cannot be used to hide Russian wealth,” Senator Warren said in his speech. said.
The bill allows the White House to have any affiliation with Russia. It requires it to prepare reports on cryptocurrency exchanges. In addition, the draft law allows users residing in Russia to take any action. to the “Ministry of the Treasury” in order to prevent gives an authorization.
It is thought that the purpose of the bill is not only Russian sanctions. According to another article, Financial Crimes Enforcement Network (FinCEN), Cryptocurrency transactions of more than 10 thousand dollars will be authorized to identify users who perform.
Earlier in these remarks, Senator Warren told Jonathan Levin of Chainalysis that the Russians avoiding sanctions using cryptocurrencies He says he asked if it was easy.