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3232US Unveils Bill Giving Treasury Secretary ‘Unchecked and Unilateral Power’ to Ban Crypto Transactions, Advocate Warns
https://www.digit.info/us-unveils-bill-giving-treasury-secretary-unchecked-and-unilateral-power-to-ban-crypto-transactions-advocate-warns/
Thu, 27 Jan 2022 14:32:00 +0000https://www.digit.info/2022/01/27/us-unveils-bill-giving-treasury-secretary-unchecked-and-unilateral-power-to-ban-crypto-transactions-advocate-warns/Read more]]>A new bill introduced in the U.S. has a provision that “would essentially give the Treasury Secretary unchecked and unilateral power” to ban cryptocurrency transactions, warned crypto advocacy organization Coin Center. Treasury Secretary Janet Yellen will be able to prohibit any crypto transactions “without any process, rulemaking, or limitation on the duration of the prohibition.” […]
]]>$1.2 Trillion Infrastructure Bill Passes Senate With Troubling Crypto Requirements
https://www.digit.info/1-2-trillion-infrastructure-bill-passes-senate-with-troubling-crypto-requirements/
Tue, 10 Aug 2021 23:35:08 +0000https://www.digit.info/2021/08/10/1-2-trillion-infrastructure-bill-passes-senate-with-troubling-crypto-requirements/Read more]]>The U.S. Senate has passed the $1.2 trillion infrastructure bill with a crypto reporting requirement provision that has been described as “unworkable.” Senator Ted Cruz warned: “This infrastructure bill has in it a portion that is designed to obliterate crypto. That would be a tragic mistake.” Senate Passes Infrastructure Bill With ‘Unworkable’ Crypto Tax Provision […]
A new bill introduced in the U.S. has a provision that “would essentially give the Treasury Secretary unchecked and unilateral power” to ban cryptocurrency transactions, warned crypto advocacy organization Coin Center. Treasury Secretary Janet Yellen will be able to prohibit any crypto transactions “without any process, rulemaking, or limitation on the duration of the prohibition.” […]
The U.S. Senate has passed the $1.2 trillion infrastructure bill with a crypto reporting requirement provision that has been described as “unworkable.” Senator Ted Cruz warned: “This infrastructure bill has in it a portion that is designed to obliterate crypto. That would be a tragic mistake.” Senate Passes Infrastructure Bill With ‘Unworkable’ Crypto Tax Provision […]