Crypto Executives, Banks, Policy Experts Urge Congress to Modernize Bank Secrecy Act
Experts in crypto, banking, and policy testified before a House subcommittee on the need to modernize anti-money laundering laws like the Bank Secrecy Act (BSA) for an era of AI and digital assets. The hearing highlighted concerns over outdated reporting frameworks that are ineffective against fast-moving illicit financial activity.
Topics: AI in Finance Bank Secrecy Act Crypto Regulation Money Laundering