What Does the 2021 NDAA Mean for Crypto

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December 23, 2020

The 2021 National Defense Authorization Act (NDAA) contains the most significant anti-money laundering legislation in decades and signals a seismic shift in the relationship between law enforcement, financial institutions and regulators. Not only does the NDAA require businesses to provide critical beneficial ownership information to regulators, but the legislation redefines currency to include crypto for purposes of its anti-money laundering regime.

What does the NDAA mean for the cryptocurrency space and for your business?  TRM Talks to Former Treasury Deputy Assistant Secretary for Legislative Affairs Andrew Eck and crypto legal legend Carol Van Cleef about what the NDAA means for crypto.

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