US regulators warn of crypto bill that could weaken law enforcement ability to fight cryptocurrency crime
2025-10-03 00:35:57
On October 3rd, according to Bloomberg, regulators in a number of states, from Alabama to Montana, have warned that the crypto market structure bill under consideration in Congress could weaken states' ability to fight cryptocurrency crimes. This concern is particularly concerning at a critical time when cryptocurrency prices are near record highs and fraudulent activity is on the rise. Regulators say the timing to weaken law enforcement capabilities is particularly inappropriate as criminals try to take advantage of strong investor demand for digital assets.
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