daily, associations, blockchain,

Elizabeth Warren is pushing for a full ban on crypto in the US - says Blockchain Association’s Jake Chervinsky

May 01, 2023 · 1 min read · 783 points
Elizabeth Warren is pushing for a full ban on crypto in the US - says Blockchain Association’s Jake Chervinsky
Share this

The chief policy officer of a prominent blockchain advocacy group says that Senator Elizabeth Warren is attempting a de facto ban of digital assets in the US.

Highlights

  • The chief policy officer of a prominent blockchain advocacy group says that Senator Elizabeth Warren is attempting a de facto ban on digital assets in the US.
  • The bill would ban run-of-the-mill activities associated with cryptocurrencies, such as staking and mining.
  • According to Warren, criminals are drawn to crypto assets and the legislation attempts to close the loopholes that bad actors use by implementing similar anti-money regulations found in traditional finance to the digital assets industry as well.
  • The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is an investment advisor.
  • Opinions are not investment advice and investors should do their due diligence before making any high-risk investments in Bitcoin,

Read the original article

Join Newsletter
Get the latest news right in your inbox. We never spam!