New Bill Freaks Out Art/NFT Market While Making Others Giddy

Every media outlet on earth has to have an angle or a hook specific to its audience, or what some refer to as an exclusive, otherwise its articles won’t get the clicks the publication needs to survive in today’s media climate. That being said, it is interesting to see how legislative moves are reported in the press. For example, a recent piece of anti-money laundering (AML) legislation called The Enablers Act, which was embedded in the defense spending bill that passed a few weeks ago, received wildly different headlines.

These headlines either freaked out their intended audiences, such as the art world, or emboldened their audience’s mission with messages of progress. Let’s review a summary of three headlines and the audiences they served as it pertains to the news surrounding The Enablers Act.
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Richard Paxton

CEO of the Alacer Group. Sharing the latest news in financial crimes and best practices that enable financial institutions to prevent money laundering.

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