The US authorities may impose massive sanctions against crypto exchanges.

The new bill aimed at preventing the financing of terrorism includes clauses for stricter control of the crypto industry.

If the bill is passed, it could lead to stricter KYC rules, more sanctions against crypto exchanges, and give the US President the power to block access to digital assets.

However, insiders believe that the chances of the bill being passed are negligible. Experts say the proposed rules are an attempt to control digital assets under the guise of fighting terrorism. $BTC