Senator Warren urges Trump's Treasury secretary to consider stricter cryptocurrency regulation

 in a public letter on January 12th, Warren asked incoming Treasury Secretary Scott Bessent if the Treasury Department should have more power to sanction the cryptocurrency industry. Warren wrote, "Should the Anti-Money Laundering/Counter-Terrorism Financing and Sanctions Programs include a well-designed, risk-based provision to prevent money laundering or terrorist financing involving digital assets?" He is about to become the chief Democrat on the Senate Banking, Housing, and Urban Affairs Committee.