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Fortune

Leo Schwartz

The House version of the Warren-Marshall anti-money laundering crypto bill has hit a McHenry-sized obstacle

Warren Sean Casten Crypto Patrick McHenry Ill Leo Schwartz Leo Schwartzleoschwartzfortunecomleomschwartz Hamas Republican House Financial Services Committee

(Credit: Tom Williams—Getty Images)

Proof of State is the Wednesday edition of Fortune Crypto where Leo Schwartz delivers insider insights on policy and regulation.

The monkey's paw is unfurling. For years, the refrain among the crypto crowd has been the need for regulatory clarity. Now, the industry may be getting what it's been asking for—in nightmare form.

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