Bank of America backed crypto AML rules but reported over $5 billion in suspicious activity late

Your call?🐂 Bullish🐻 Bearish

$5B

suspicious activity reported

In December 2023, Senator Elizabeth Warren asked Bank of America CEO Brian Moynihan whether crypto companies handling financial transactions should follow the same anti-money-laundering rules as banks. “Absolutely,” he said. On Oct. 13,…