"Stop The Crypto Ban" Petition Gains Traction. 🚫🛡️

In recent developments, the proposed Digital Asset Anti-Money Laundering Act in the United States has sparked a heated debate.

The "Stop The Crypto Ban" petition, led by the Chamber of Digital Commerce on Change.org, opposes Senator Elizabeth Warren's legislation, supported by 19 senators. The act is seen as a potential threat to crypto innovation, jobs, and the sector, garnering nearly 10,000 signatures. Signatories pledge not to support senators backing the act in its current form in future elections.

The Chamber of Digital Commerce is urging senators, including Elizabeth Warren, Roger Marshall, Lindsey Graham, and Joe Manchin, to reconsider their support for current legislation. They argue that while regulation is necessary, the proposed measures go too far, posing threats to digital innovation. Major concerns include economic impacts, restrictions on innovation, and issues related to security and privacy.

Experts decry the legislation as a direct assault on personal freedom and privacy in cryptocurrency. The petition highlights its potential impact on innovation, economic growth, and consumer freedom. The Chamber of Digital Commerce cautions that the bill's restrictions could impede access to diverse financial tools, hindering financial inclusion and choice.

Senators urged to shape a digital-friendly future, signatories rally against the "Stop The Crypto Ban" petition, citing worries over the Digital Asset Anti-Money Laundering Act.

#StopTheCryptoBan #ElizabethWarren #ChangeOrg #usa #UnitedStates

🤝 Coin Center's Jerry Brito refutes Senator Elizabeth Warren's claims of hiring former public servants to undermine cryptocurrency regulation efforts, stating they are proud of their work towards sound regulatory frameworks. 🚀🏛️ #CoinCenter #CryptocurrencyRegulation #ElizabethWarren

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ICYMI: 🇺🇸 #ElizabethWarren signs a certificate to honor #BTC creator #SatoshiNakamoto with a ceremonial flag 🤣

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If Biden wins the Presidential Election, what will happen to SEC chair Gary Gensler?
Ron Hammond of the Blockchain Association joins me to discuss this and more!
WATCH ▶️
Topics:
- #SEC chair Gary Gensler on CNBC
- If #Biden wins election what happens to Gary Gensler?
- SEC vs #Debtbox situation
- #Treasury representative confirms limited use of Digital Assets by Hamas exposing Elizabeth Warren lies
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$BTC $ETH $BNB #WLD #WLD #Write2Earn #TrendingTopic

📰🔒 U.S. senators, led by Elizabeth Warren, reintroduce anti-money laundering measures for cryptocurrencies, as per BeInCrypto. 💼 The bill advocates mandatory foreign financial account reporting (FBAR) for crypto transactions over $10,000 involving overseas accounts. 🌐💰 Notably, the revised proposal also encompasses reporting suspicions of money laundering or tax evasion, alongside bolstered identity and custody wallet record requirements. 🛡️📝 Stay informed about evolving crypto regulations! #CryptocurrencyRegulation #AntiMoneyLaundering #CryptoTransactions #ElizabethWarren #FBAR #CryptoCompliance

🇺🏛️ U.S. Senator Elizabeth Warren to bolster bipartisan coalition for cryptocurrency anti-money laundering legislation, gaining five new co-sponsors to enhance cryptocurrency regulation and combat illicit use. 💼🪙 #CryptoRegulation #ElizabethWarren