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Bookmarking Crypto InsightsThu, 27 Jan 2022 14:32:00 +0000en-US
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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.” […]
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.” […]