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US Government Has a Plot To Hand Crypto Over To The Big Banks by Regulating Digital Assets..
3 years ago
56
Warren urged Yellen to craft a “comprehensive and coordinated” framework through which federal agencies can continually regulate virtual coins.
US Unveils Bill Giving Treasury Sec. ‘Unchecked and Unilateral Power’ to Ban Crypto Transactions. Noting that the America COMPETES Act of 2022 “will very likely pass in some form,” it contains the “special measures that would be disastrous not just for cryptocurrency but for privacy and due process generally.”
The so-called ‘special measures’ provision … would essentially give the Treasury Secretary unchecked and unilateral power to ban exchanges and other financial institutions from engaging in cryptocurrency transactions.
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