With “pig butchering” scams depending on cryptocurrencies to defraud victims and launder the proceeds, policymakers must strengthen protections against the crypto sector, according to a new ICBA blog post.

ICBA wrote to House leadership expressing support for the markup of two Congressional Review Act resolutions: H.J. Res. 122 and H.J. Res. 127.

With the deadline to sign up for the 2024 ICBA Capital Summit arriving next week, registrations are trending toward record-level attendance for the industry’s premier advocacy event.