KCN US Senators call for digital currency oversight

New US bill on controlling Bitcoin and other digital currencies. Two US senators Chuck Grassley and Diane Feinstein have filed a new anti-money laundering bill aimed at strengthening the control over the digital currency activities. According to a summary published by Grassley’s office, bitcoin and other digital currencies, while not explicitly spelled out as such, are closer to being defined as a “monetary instrument” under US anti-money laundering statutes.

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