$886B Military Bill with Crypto AML Provision Clears U.S. Senate

The United States Senate has recently passed the 2025 National Defense Authorization Act (NDAA), a landmark piece of legislation with far-reaching implications. Often referred to as the $886 billion military spending bill, the NDAA's passage signifies a major step forward in national defense policy. But more than just military funding, this year's NDAA includes a crucial provision impacting the cryptocurrency space.

On Thursday evening, the U.S. Senate passed the 2025 National Defense Authorization Act (NDAA). This military bill included provisions for crypto, specifically targeting anti-money laundering (AML) measures. The U.S. Senate recently passed the 2025 National Defense Authorization Act (NDAA), including a provision aimed at tightening oversight over financial institutions engaged in cryptocurrency. The amendment takes aim at crypto mixers and “anonymity-enhancing” crypto assets.

The U.S. Senate on Thursday evening passed the 2025 National Defense Authorization Act (NDAA), which included a provision that tightens oversight over financial institutions. On Thursday, the U.S. Senate made a significant move by passing the 2025 National Defense Authorization Act (NDAA), a $886 billion military spending bill that contains a provision that will impact the cryptocurrency ecosystem. Two weeks after introduction, the first pieces of Lummis-Gillibrand have passed the Senate, weeding out bad actors in the crypto space and ensuring crypto assets are compliant.

This crypto AML provision represents a significant step in regulating the digital asset landscape, aiming to combat illicit activities and enhance transparency. The post US Senate passes $886B military spending bill with crypto AML provision! appeared first on Coinpedia Fintech News, highlighting the importance of this development within the financial technology industry.