Regulation

The Senate bill could open cryptocurrencies to US sanctions, but the industry is trying to avoid it

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The industry says a surprise section in a recent spending bill could target cryptocurrencies with threats of sanctions, but a key Senate office is now meeting with digital asset industry insiders.

The industry says a surprise section in a recent spending bill could target cryptocurrencies with threats of sanctions, but a key Senate office is now meeting with digital asset industry insiders.

The industry says a surprise section in a recent spending bill could target cryptocurrencies with threats of sanctions, but a key Senate office is now meeting with digital asset industry insiders.

June 10, 2024, 4:11 pm

Updated June 10, 2024, 4:14 pm

A U.S. Senate committee has approved a spending bill with a surprise cryptocurrency provision. (Jesse Hamilton/CoinDesk)

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