Congress moves to revamp Bank Secrecy Act’s reporting thresholds after 50 years

The STREAMLINE Act would update anti–money laundering rules by lifting decades-old thresholds for transaction reporting, cutting red tape for banks and crypto companies.

Read More at https://cointelegraph.com/news/us-senators-bill-bank-secrecy-act-reporting-limits?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound