Included within new China competition legislation is a proposal that would hand the government increased power to restrict cryptocurrency transactions.
The America Competes Act, unveiled by House Democrats on Tuesday and meant to shore up the country’s economic competitiveness, includes language that some fear would allow the Treasury Department to block financial institutions from offering customers access to cryptocurrency networks.
Stay informed.Stay ahead.
Join Washington Examiner for unlimited access to the news, analysis, and commentary that matter most.
See Options
Already a member? Log in
Already a print subscriber? Click here to login/register your account
