“These malign actors almost exclusively demand cryptocurrencies when extorting large sums of money, because they can take steps to obscure their transactions and circumvent regulatory scrutiny, making payments more difficult to trace,” said Senator Gary Peters (D-Mich.), chairman of the Senate Homeland Security Committee.
Does the SAB 121 Vote Mean Anything for Future Crypto Legislation?
Unfortunately however, the legislative measure is now heading to the desk of President Joseph Biden, who has vowed to veto...