US Senate passes $886B military spending bill with crypto AML provision!

The United States Senate has recently passed a $886 billion military spending bill that includes a provision to address anti-money laundering (AML) measures in the cryptocurrency industry. The focus of the provision is on crypto mixers and anonymity-enhancing assets, which have become prevalent among criminals looking to launder money. With this move, US lawmakers hope to tackle the growing problem of illegal activities in the crypto space. This is seen as a major step towards creating a regulated and secure cryptocurrency industry in the country. The bill will now move to the House of Representatives for approval before it can become law.