an amendment to the omnibus America COMPETES Act of 2022, specifically targeting the provision that would allow the Treasury Department to impose “special measures,” including surveillance and outright prohibitions, against “certain transmittals of funds.”turned the spotlight
on the provision, introduced by Connecticut Representative Jim Himes, that would scrap the existing checks — such as the requirement of public consultation and time limits on special measures orders — constraining the Treasury’s power to unilaterally prohibit financial transactions.
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Crypto advocates sound alarm on America COMPETES bill over new financial surveillance provisionsWide-bore authorization to limit or freeze transactions in a new draft bill has the crypto industry calling foul. Sound alarms over whatever you'd like...you will do nothing about it...what you will do however, is capitulate and then become an advocate of the latest form of subjugation, likely aggressively confronting those who hold out attempts to stop the transgressions... Therefore, you need to purchase Tether and secure your assets. The current bill is just a draft. But as illustrated by the Infrastructure Act of late last summer, legislation is moving in fits and starts. This bill, too, could face a truncated process given political pressures. However, the Senate, in particular, has been a stumbling block.
Source: TheBlock__ - 🏆 464. / 53 Read more »
Crypto policy advocacy group warns of 'disastrous' provision in a new US billCall your elected officials and voice your concerns about this new bill, says jerrybrito The bill would give the U.S. Secretary of the Treasury power to ban financial institutions from engaging in crypto transactions. jerrybrito can I somehow tweak this for a uni? jerrybrito The new bill won't destroy bitcoin. jerrybrito CryptooAdy bhau make video on it ye kehna kya chahte he
Source: Cointelegraph - 🏆 562. / 51 Read more »
House Bill Could Let Treasury Secretary Block International Crypto TransactionsA provision in the America COMPETES Act would give the Treasury Secretary the power to block U.S. firms from interacting with some crypto transactions or exchanges, if it becomes law. nikhileshde simple instant multiplication! nikhileshde Blah blah blah nikhileshde Your comfortability depends on your willingness to trade with the right manager cryptonimay she is the right person you need
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Putin pumps the brakes on Russian Central Bank's push to ban crypto, sees future in miningICYMI: Putin pumps the brakes on Russian Central Bank’s push to ban crypto, sees future in mining I didn't expect him to have the time to study crypto at this time haha
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SEC reportedly probing crypto lending products by Gemini and CelsiusIf the SEC keeps digging, who knows what they'll uncover next? Its newest worry is the high-yield crypto lending products offered by Gemini, Celsius Network, and Voyager Digital. stonks StonksCoinBSC Live now 🔥🎮🚀 $LOKA = 💎 \\ (•◡•) / \\ / --- | | LeagueKingdoms is one of the world's first blockchain MMO strategy games BNB BTC P2E GameFi NFTGame They basically saying why you messing up our shit that rate is too high you making poor ppl richer SHOULD BE THE OTHER WAY ROUND 😩😩😩
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Crypto hodlers may not get richer from mainstream adoption — Goldman SachsWill mainstream adoption take crypto’s price to the moon? It’s not a guarantee according to GoldmanSachs. (Reporting via WilliamSuberg)
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