Amendment · S.Amdt. 2335· Senate(119-SAMDT-2335)

S.Amdt. 2335

Age: 77 years

Massachusetts

Introduced: 6/9/2025
Sponsored by: Elizabeth Warren
Cosponsors: None

Changes bill: 119-S-1582 — GENIUS Act

Introduced
Pending Consideration
Failed

This amendment was never taken up, and the bill finished without it. It was never voted on.

What this amendment would do

What the amendment is: This is an amendment submitted by Ms. Warren, known as SA 2335, intended to be proposed for the bill S. 1582, which provides for the regulation of payment stablecoins.

What it aims to change or add: The amendment adds a new section regarding the treatment under the Bank Secrecy Act. Specifically, it aims to:

Express the sense of Congress that any entity or service functioning as a financial institution under the Bank Secrecy Act must comply with those obligations, including anti-money laundering and countering the financing of terrorism obligations, to stop criminals, terrorists, and adversaries from exploiting gaps across different entities and services, whether they are centralized or decentralized.
Clarify that digital asset service providers must be treated as financial institutions for the purposes of the Bank Secrecy Act.