- Senator Warren has responded to a letter from the Blockchain Association.
- She claimed that the association’s lobbying efforts are attempts to undermine the efforts of the government.
- She has requested details of all government officials currently employed by the association.
In a stark letter to the Blockchain Association, U.S. Senator Elizabeth Warren has reiterated her longstanding concerns about crypto’s use in terrorist financing and drug trafficking.
This comes in response to a November letter from the association, signed by a coalition of former U.S. military service members, intelligence officers, and national security professionals, urging regulators to take a more nuanced approach to crypto regulation.
Today, a coalition of digital asset industry companies and entrepreneurs with U.S. military and national security backgrounds sent a letter to members of @SenateBanking @BankingGOP and @FinancialCmte @FSCDems to address and clarify misperceptions about illicit finance and money… pic.twitter.com/uFgBPSorqF— Blockchain Association (@BlockchainAssn) November 15, 2023
Relying on a blog post by blockchain analytics firm Elliptic, the association…
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