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TRM Labs warns Congress the Bank Secrecy Act is outdated for AI-driven financial crime

TRM Labs' Ari Redbord told Congress the 1970 Bank Secrecy Act can't combat AI-driven crypto crime, citing $2B in North Korean thefts and a 500% scam surge.

Raccontata dadecrypt.cocryptobriefing.com

Confronto fonti

2 prospettive sulla stessa storia
AI · summaries
cryptobriefing.comStai leggendo2 g fa

TRM Labs warns Congress the Bank Secrecy Act is outdated for AI-driven financial crime

TRM Labs' Ari Redbord told Congress the 1970 Bank Secrecy Act can't combat AI-driven crypto crime, citing $2B in North Korean thefts and a 500% scam surge.

originale
decrypt.co2 g fa

Crypto, Banks, Policy Experts Press Congress to Modernize Bank Secrecy Act - Decrypt

A House subcommittee hearing exposed a divide over how far to scale back the 1970-era anti-money laundering law as Trump expands its reach.

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Timeline cronologica

  1. venerdì 22 maggio 2026·decrypt.co

    Crypto, Banks, Policy Experts Press Congress to Modernize Bank Secrecy Act - Decrypt

    A House subcommittee hearing exposed a divide over how far to scale back the 1970-era anti-money laundering law as Trump expands its reach.

  2. sabato 23 maggio 2026·cryptobriefing.com

    TRM Labs warns Congress the Bank Secrecy Act is outdated for AI-driven financial crime

    TRM Labs' Ari Redbord told Congress the 1970 Bank Secrecy Act can't combat AI-driven crypto crime, citing $2B in North Korean thefts and a 500% scam surge.