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Bookmarking Crypto InsightsFri, 14 Jun 2024 00:34:49 +0000en-US
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3232US Lawmaker Proposes Stricter Digital Asset Regulations to Enforce Russian Sanctions
https://www.digit.info/us-lawmaker-proposes-stricter-digital-asset-regulations-to-enforce-russian-sanctions/
Fri, 14 Jun 2024 00:34:49 +0000https://www.digit.info/2024/06/14/us-lawmaker-proposes-stricter-digital-asset-regulations-to-enforce-russian-sanctions/Read more]]>U.S. Congressman Brad Sherman has proposed an amendment designed to enhance the enforcement of sanctions on Russian digital assets. The amendment allows the Treasury Secretary to prohibit crypto transactions linked to Russian entities and requires U.S. taxpayers to report crypto transactions offshore exceeding $10,000 to the Financial Crimes Enforcement Network (FinCEN). New Amendment Seeks to […]