Markets Daily Crypto Roundup

Featured Story | Elizabeth Warren’s Bill Won’t Stop Money Laundering, but It Could Ban Crypto

The Digital Asset Anti-Money Laundering Act is the legislative equivalent of a Trojan Horse and would effectively ban crypto in the guise of fighting money laundering.

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ABOUT

Featured Story:

Is an opinion piece by John Rizzo a senior vice president for public affairs at Clyde Group, titled: Elizabeth Warren’s Bill Won’t Stop Money Laundering, but It Could Ban Crypto

On today's show, we discuss the Digital Asset Anti-Money Laundering Act, which is being pushed by Senator Elizabeth Warren (D-MA) and Senator Roger Marshall (R-KS), and aims to close loopholes that criminals may exploit to launder money through crypto assets. However, it appears that this legislation may actually further a strategy to ban crypto.


This episode was edited by Ryan Huntington, and Senior Producer is Michele Musso. All original music by Doc Blust and Colin Mealey.



HOST

Adam B. Levine

Adam B. Levine joined CoinDesk in 2019 as the editor of its new audio and podcasts division. Previously, Adam founded the long-running Let's Talk Bitcoin! talk show with co-hosts Stephanie Murphy and Andreas M. Antonopoulos.

Finding early success with the show, Adam transformed the podcast's homepage into a full newsdesk and publishing platform, founding the LTB Network in January of 2014 to help broaden the conversation with new and different perspectives. In the Spring of that year, he would go on to launch the first and largest tokenized rewards program for creators and their audience. In what many have called an early influential version of "Steemit"; LTBCOIN, which was awarded to both content creators and members of the audience for participation was distributed until the LTBN was acquired by BTC, Inc. in January of 2017.

With the network launched and growing, in late 2014 Adam turned his attention to the practical challenges of administering the tokenized program and founded Tokenly, Inc. There, he led the development of early tokenized vending machines with Swapbot, tokenized identity solution Tokenpass, e-commerce with TokenMarkets.com and media with Token.fm. Adam owns some BTC, ETH and small positions in a number of other tokens.

Adam B. Levine