![DeFi Regulation Clash: CCI Challenges US Senators' AML Bill](https://metanews.com/wp-content/uploads/2023/07/A6A29DE9-2D6B-4991-A5D8-CFA5AD13506F-300x169.jpeg)
DeFi Regulation Clash: CCI Challenges US Senators’ AML Bill
Unveiled recently by US Senators Jack Reed, Mike Rounds, Mark Warner, and Mitt Romney, a controversial bill aims to apply stringent anti-money laundering (AML) measures to the nascent domain of decentralized finance (DeFi). However, the Crypto Council for Innovation (CCI),