Manhattan District Attorney Alvin Bragg calls on New York legislators to criminalize unlicensed crypto businesses, warning that the $51 billion illegal market is used for money laundering, guns, drugs, fraud, and terrorism financing. For unlicensed crypto terminals/ATMs, promote mandatory licensing and KYC, supported by criminal penalties.
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Manhattan District Attorney Alvin Bragg calls on New York legislators to criminalize unlicensed crypto businesses, warning that the $51 billion illegal market is used for money laundering, guns, drugs, fraud, and terrorism financing. For unlicensed crypto terminals/ATMs, promote mandatory licensing and KYC, supported by criminal penalties.