Senate Bill Could Open Crypto to U.S. Sanctions, but Industry Trying to Head It Off

[Nighthawk]

The industry says a surprise section in a recent spending bill could slam crypto with sanctions threats, but a key Senate office is now meeting with digital assets sector insiders.

https://www.coindesk.com/policy/202...sanctions-but-industry-trying-to-head-it-off/

 

[orbit23]

They need this to go after Tether
"This section of the intelligence funding effort would speed and automate the process to sanction "foreign digital asset transaction facilitators" – including crypto exchanges – that are linked to users who support terrorism groups."