Senate Bill Could Open Crypto to U.S. Sanctions, but Industry Trying to Head it Off
A provision in the recent spending package from the Senate's intelligence committee targets crypto ties to terrorism and caught many in the industry off-guard, criticizing it as a flawed approach to a worthy goal. The staff of the panel's chairman, Sen. Mark Warner, has been meeting with people in the digital assets industry to talk about the provision, sources say. Crypto insiders predict the effort isn't likely to survive the budget process. A piece of legislation with heavy implications for the digital assets sector made it through the Senate Select Committee on Intelligence's funding package recently without most in the…
