Regulation· ★★★· bearish·

New US Crypto Bill Narrows BSA Exemptions

  • The bill narrows BSA exemptions for crypto companies
  • AML reporting requirements for the crypto sector are being expanded
  • The analysis was prepared by the ACAMS association
Why it matters: Tightening the BSA will increase the compliance burden on crypto exchanges and strengthen transaction monitoring.
Source: Google News (crypto query)