TALLY · SCORE
S2669US · 118

Digital Asset Anti-Money Laundering Act of 2023

This bill mandates the Financial Crimes Enforcement Network to regulate digital asset transactions. The bill proposes the first crypto-specific regulations under federal law, defines anonymity-enhanced cryptocurrency and digital assets, requires digital asset kiosk owners to verify identities, and imposes registration and reporting on unhosted wallet providers and digital asset miners. Americans must report foreign digital assets over $10,000.

Alignment

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Yes

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No

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Abstain