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House Bill Could Let Treasury Secretary Block International Crypto Transactions

A provision in the America COMPETES Act would give the Treasury secretary the power to block U.S. firms from interacting with some crypto transactions or exchanges, if it becomes law.

Mise à jour 11 mai 2023, 6:28 p.m. Publié 28 janv. 2022, 12:37 a.m. Traduit par IA
Rep. Jim Himes (D-Conn.) introduced a provision allowing the Treasury Secretary to block certain financial transactions to a bill aimed at spurring competition with China. (Al Drago/Bloomberg via Getty Images)
Rep. Jim Himes (D-Conn.) introduced a provision allowing the Treasury Secretary to block certain financial transactions to a bill aimed at spurring competition with China. (Al Drago/Bloomberg via Getty Images)