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2024-06-07 23:33:33

Btcnews on Nostr: The US Senate proposed a bill giving the president the power to block access to ...

The US Senate proposed a bill giving the president the power to block access to digital assets. Critics warn it could impose user-level bans on protocols linked to foreign sanctions violators, pushing users toward KYC-compliant chains.

The law defines “digital assets” as any communication protocol, smart contract, or software on a distributed ledger that enables user interaction and commerce.
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