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U.S. House Passes Crypto Illicit Finance Bill That's Likely to be Rebuffed in Senate

The legislation would set up a federal group to assess crypto in terrorism and illicit finance and make recommendations for heading it off, but the bill isn't expected to clear the Senate.

By Jesse Hamilton|Edited by Nikhilesh De

Updated Jul 22, 2024, 9:55 p.m. Published Jul 22, 2024, 9:52 p.m.

The U.S. House of Representatives passed a narrow bill to address crypto use in illicit finance. (Jesse Hamilton/CoinDesk)