U.S. Senator criticizes SEC's decision on spot Bitcoin ETF, stating that cryptocurrencies need to comply with anti-money laundering rules

ChainCatcher news, U.S. Senator Elizabeth Warren criticizes the SEC's approval of spot Bitcoin exchange-traded funds and calls for the urgent implementation of anti-money laundering rules for cryptocurrencies.

Warren stated on the X platform that the SEC's decision regarding the Bitcoin ETF is wrong both legally and policy-wise. "If the SEC intends to integrate cryptocurrencies more deeply into our financial system, then it is more urgent than ever for cryptocurrencies to comply with basic anti-money laundering rules."