Congress moves to revamp Bank Secrecy Act’s reporting thresholds after 50 years

Cointelegraph.com NewsThe STREAMLINE Act would update anti–money laundering rules by lifting decades-old thresholds for transaction reporting, cutting red tape for banks and crypto companies. 

​The STREAMLINE Act would update anti–money laundering rules by lifting decades-old thresholds for transaction reporting, cutting red tape for banks and crypto companies.