Odaily Planet Daily News: U.S. Senator Mark Warner recently inserted legislative elements into the anti-terrorist financing bill, giving the U.S. president comprehensive power to conduct strict reviews of digital assets (including a large-scale ban on access to digital assets), which has aroused concerns among industry insiders. Scott Johnsson, a person in the digital asset field, criticized the law for being too broad. He said: "It is difficult to see that this is not the president's user-level ban power on any protocol/smart contract that the Treasury Secretary believes is controlled, operated or provided by foreign sanctions violators. The scope and impact of aggregating users onto KYC/permissioned chains are shocking." The new law broadly defines "digital assets" to include any digital representation of value recorded on a cryptographically protected distributed ledger. Under the new law, the president can block transactions between Americans and foreign entities identified as supporting terrorist organizations. This includes imposing strict restrictions on foreign financial institutions that have opened accounts in the United States if they are found to facilitate such transactions. (Cointelegraph)