FinanceAsianet Newsable
CLARITY Act includes new AML rules for crypto platforms

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The CLARITY Act brings crypto exchanges, DeFi platforms, and crypto ATMs under existing AML and sanctions regulations.
Senator Cynthia Lummis is the sponsor of the bill.
The provision extends anti-money laundering requirements to crypto entities.
The bill aims to close regulatory gaps in the crypto sector.
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Rajeev Chandrasekhar / Jupiter Capital interests historically