@SenLummis: “Chairman: In this bill, we've tried to use existing statutes and embed digital assets under them, whether it's the SEC the CFTC or criminal penalties, so the same conduct that the gentleman is trying to address is already chargeable today under 18 USC, 1956 and 1957, and existing sanctions laws. So, if somebody builds or uses software to launder criminal proceeds or evade sanctions, prosecutors can already bring cases under these statutes without needing a specific defi add on. So, if you carve out one thing for specific treatment, it sends a signal that DeFi software is not welcome in this country, and we don't want to send that signal. We want to use the existing structures and embed digital assets in the U.S."