Against great push back from the crypto industry and as the price of Bitcoin (BTC) reached new all-time highs several times during the last couple of months, the United States has updated its cryptocurrency Anti-Money Laundering/Combating the Financing of Terrorism laws.

Related: COVID-19 pandemic spurs crypto law updates in J5 countries

The Anti-Money Laundering Act of 2020 and the Corporate Transparency Act

Last December, the Senate approved the National Defense Authorization Act and, as part…

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