Security experts warn lawmakers that crypto market structure legislation poses big risks
-
National security groups are urging US Senate leaders to reexamine several crypto bills.
-
Led by Transparency International US, they warn that some market reforms raise the risk of illicit activity.
-
In a letter to Capitol Hill, they lay out risks, including money laundering and sanctions evasion.
The crypto market has enjoyed a handful of big legislative wins this year, but a group of security experts is flagging one of the major bills as a big national security risk.
In a letter to US Senator Majority Leader John Thune and Sen. Charles Schumer, Transparency International US urged lawmakers to reexamine some parts of the digital asset market structure legislation currently under consideration on Capitol Hill.
Their…