U.S. Senator criticizes SEC's decision on spot Bitcoin ETF, stating that cryptocurrencies need to comply with anti-money laundering regulations

U.S. Senator Elizabeth Warren criticized the U.S. Securities and Exchange Commission for approving a spot Bitcoin exchange-traded fund, calling for urgent implementation of anti-money laundering rules on cryptocurrencies. Warren posted on X platform that the SEC's decision on the Bitcoin ETF is wrong both legally and policy-wise. "If the U.S. Securities and Exchange Commission intends to integrate cryptocurrencies more deeply into our financial system, it is now more urgent than ever for cryptocurrencies to comply with basic anti-money laundering rules."