if we wish to prevent crypto assets from being used, for example, for ransomware or other criminal payments, that there is no logical alternative to having all crypto transactions be associated with a legally-traceable identity.
Foster argues for the necessity of traceable identities in crypto transactions to combat crime.
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I think the single-most useful thing that we in Congress could do is to establish a federally-recognized standard for presenting illegally-traceable identity.
Bipartisan polling has shown that the CFPB is overwhelmingly popular among U.S. consumers, finding that 82 percent of voters, including 77 percent of Republicans, support the CFPB's mission.
In 2021, President Biden issued an Executive Order encouraging regulators to take steps to promote market competition across our economy.
I have been amused for a long time at how can it be that there is legislation supported by 70 or 80 percent of the public, a clear majority of Members of Congress, and yet we are not allowed to even vote on it.
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