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coinpedia 2024-06-06 11:53:02

New Law Empowers U.S. President to Block Crypto Transactions

The post New Law Empowers U.S. President to Block Crypto Transactions appeared first on Coinpedia Fintech News A new law has granted the U.S. president extensive authority to block cryptocurrency access, raising concern among observers. This development empowers the president to block transactions between U.S. persons and foreign entities linked to terrorist organizations. The law mandates that the Secretary of the Treasury identify and report any foreign banks or crypto transaction facilitators …

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