The US legislature proposed stricter digital property regulations to enforce Russian sanctions

The US legislature proposed stricter digital property regulations to enforce Russian sanctions



US Congressman Brad Sherman has proposed an amendment designed to improve the enforcement of sanctions against Russian digital assets. The amendment allows the Treasury secretary to block crypto transactions linked to Russian entities and requires US taxpayers to report offshore transactions of more than $10,000 to the Financial Crimes Enforcement Network (FinCEN). It needs a new update […]

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