US Government To Bring PATRIOT Act to Digital Assets
therage.coFinCEN Director reveals that the Treasury is finalizing a ban on privacy tools, Representatives revive Special Measures to Fight Modern Threats Act.
This week seems to be the week of revisiting useless legislation that turned fatal for the constitutional rights of US Americans while proving lethal for many non-US citizens. While we were happy to report that the Treasury is working on reforming the Bank Secrecy Act yesterday, signed into law by President Richard Nixon in 1970, this 9/11 anniversary we have to report that the Treasury is working on applying the PATRIOT Act to digital assets.
Full article can be found at: https://www.therage.co/us-government-to-bring-patriot-act-to-digital-assets/