Blockchain Association Fires Back At Senator Warren's New Crypto Bill

Blockchain Association Fires Back At Senator Warren's New Crypto Bill

The Blockchain Association, an industry trade group representing the crypto industry in Washington D.C., sent a second letter to leadership in the House Financial Services Committee and Senate Banking Committee expressing deep concern over a bill titled the Digital Asset Anti-Money Laundering Act of 2023 (DAAMLA). Senator Elizabeth Warren (D-Mass.) sponsored the legislation, with 19 other Senators having supported the bill as co-sponsors. The first letter sent by the Blockchain Association in November of 2023 had 40 signatories from former …