– Criminalizing Bitcoin Users? US Congress Holds Hearing to ‘Modernize’ AML Laws Today:
The U.S. Senate Judiciary is to hold a full panel hearing today on modernising anti-money laundering (AML) laws with the inclusive of digital currencies.
Scheduled to take place at 10 a.m. at the Dirksen Senate Office Building 226, in Washington D.C., Bill S1241: Modernizing AML Laws to Combat Money Laundering and Terrorist Financing will be up for discussion. It will be chaired by Chuck Grassley, a senior U.S. Senator from Iowa, and the current chairman of the Judiciary Committee of the 115th Congress.
The section that is of concern relates to Section 13, focusing on the use of digital currencies. Interestingly, while the meeting was listed on the Senate Judiciary webpage, keen-eyed bitcoiners discovered the event was only added to the U.S. Senate Hearing page at 6 p.m. yesterday.
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