Chainlink Rallies on SWIFT Optimism, Senator Warren Gains Additional Support for Crypto Bill

Market Update U.S. equity indices are showing modest gains in Monday’s trading as investors remain focused on Wednesday’s FOMC meeting in which interest rates are expected to be held at current levels. Crypto markets are rallying as $BTC (+2.92%) has risen above $27k, and $ETH (+2.26%) has rallied to $1,660. Chainlink ($LINK) is outperforming today, rising 10.22% amid optimism regarding its partnership with SWIFT to scale tokenized asset adoption. Chainlink leadership spoke at the Sibos Conference this morning, the global financial services networking event organized by SWIFT, discussing the future of finance and Chainlink’s role in that future.According to a press release from Senator Warren's official website, the controversial Digital Asset Anti-Money Laundering Act bill has received support from nine additional senators. The extra support came from eight Democratic senators and one Independent, bringing the total support to twelve senators. The bill's goal is to “mitigate the illicit finance risks that crypto poses by closing loopholes and bringing the digital asset ecosystem into greater compliance” with current AML frameworks. The bill would include provisions requiring crypto firms to implement mandatory know-your-customer (KYC) policies and extend the Bank Secr