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US Lawmaker Proposes Stricter Digital Asset Regulations to Enforce n Sanctions

Started by Bitcoin, Jun 14, 2024, 08:10 am

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US Lawmaker Proposes Stricter Digital Asset Regulations to Enforce n Sanctions

US Lawmaker Proposes Stricter Digital Asset Regulations to Combat n Sanctions EvasionU.S. Congressman Brad Sherman has proposed an amendment designed to enhance the enforcement of sanctions on n digital assets. The amendment allows the Treasury Secretary to prohibit crypto transactions linked to n entities and requires U.S. taxpayers to report crypto transactions offshore exceeding $10,000 to the Financial Crimes Enforcement Network (FinCEN). New Amendment Seeks to […]

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