Look, the rules should be simple. Same kind of transaction, same kind of risk means the same kind of rules.
William Warren
The Public Record
the current rules do not cover big parts of the crypto industry, and crypto likes it that way.
To date, the SEC has failed to take any meaningful, preemptive action to ensure this type of catastrophic failure does not happen again.
So in other words, crypto helps those drug traffickers and rogue States launder money nearly instantaneously.
Now the crypto industry explains that they are amazingly innovative and creative, but they just could not possibly figure out a way to comply with the same anti-money laundering rules that everybody else follows.
Moving forward, we must take a thoughtful bipartisan and balanced approach that protects consumers and promotes innovation and opportunity.
Senator Roger Marshall and I are reintroducing our anti-money laundering bill, to clamp down on crypto crime.
Look, the rules should be simple. Same kind of transaction, same kind of risk means the same kind of rules.
The crypto market took in $20 billion last year in illicit transactions, and that is only the part we know about.
What we can say with certainty about the Biden administration's blueprint for advancing a renter's bill of right is that NAA's advocacy helped avert an Executive order.





