The End of Bitcoin in the United States? The Senate takes action!

The U.S. Department of Justice's crusade on Bitcoin privacy has drawn attention in the Senate. Influential senators have raised concerns about the Justice Department's new legal interpretation that could criminalize the development of non-custodial Bitcoin software, threatening innovation in the Crypto Assets space. Strong voices in the Senate condemn the practice and warn of its potential consequences The Justice Department's crusade against Bitcoin privacy has raised eyebrows in the Senate as growing tensions between U.S. regulators and the Bitcoin ecosystem have intensified. Influential senators have raised concerns about the new legal interpretation for non-custodial Bitcoin Wallet developers, which could negatively impact Decentralization and self-custody principles in the Crypto Assets industry. Powerful voices in the Senate condemned the practice and warned of its potential consequences

BTC-0.05%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 1
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)