Your Resource for Government on Crypto
07.18.2023
Sen. Warren Files NDAA Amendment to Crack Down on Russian Use of Cryptocurrency
Sen. Elizabeth Warren (D-MA) filed language on behalf of herself and Sens. Mark Warner (D-VA), Raphael Warnock (D-GA), Tina Smith (D-MN), Catherine Cortez Masto (D-NV), Dick Durbin (D-IL), Jack Reed (D-RI), and Angus King (I-ME), to append her crypto bill to the NDAA. Warren’s bill, the Digital Asset Sanctions Compliance Enhancement Act, would crack down on Russian use of cryptocurrency by empowering the Treasury Department to block crypto exchanges from performing Russian transactions and require US crypto holders to disclose offshore transactions over $10,000.