Lummis: CLARITY Act Closes Gaps North Korea’s Lazarus Group Used to Steal $6.75 Billion

AI Summary Senator Cynthia Lummis (R-WY) said the CLARITY Act closes illicit-finance gaps that groups like North Korea’s Lazarus Group have exploited, arguing the bill hands the U.S. Treasury Department and crypto exchanges new authority to freeze suspicious transactions before funds move overseas. Section 303 and 305 Target Illicit Funds Cynthia Lummis, one of the CLARITY Act’s […] fulltext: 392 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/lummis-clarity-act-lazarus-group-treasury-freeze/ Source: Bitcoin.com News