The U.S. Senate Banking Committee began reviewing the CLARITY Act and approved Senator Mike Rounds’ AI sandbox amendment in a 15-9 vote. Senator Elizabeth Warren’s retirement-account amendment failed 11-13 during the proceedings. Warren argued that Tornado Cash had been used to launder more than $7 billion, including over $450 million linked to North Korean hackers, keeping anti-money laundering concerns central to the debate over digital asset legislation.