"This Is The Big Fight!" Bitcoin Battered As Sen. Warren Unveils Bill To "Crack Down" On Crypto
Senator Warren's bill aims to mandate stricter reporting requirements by extending the Bank Secrecy Act (BSA) responsibilities, including Know-Your-Customer (KYC) requirements, file reports on "transactions involving unhosted wallets", and more. All in attempt to close "loopholes and bring the digital asset ecosystem into greater compliance."
This bill is endorsed by Bank Policy Institute, Massachusetts Bankers Association, Transparency International U.S., Global Financial Integrity, National District Attorneys Association, Major County Sheriffs of America, Massachusetts Sheriffs’ Association, AARP, National Consumer Law Center, and National Consumers League.
https://www.zerohedge.com/crypto/bitcoin-battered-sen-warren-unveils-bill-crack-down-crypto
Nenshi should step down, fined, be taken to court for dereliction of duty or be removed from current leadership role due to breach of authority while in a position of power, poor memory & proved blatant deceit causing destruction & financial burden unnecessarily …. The records prove it & clarify it! His two in command should not be absolved either for not going to council when Nenshi did not! Calgarians should not be left with the costing when it should have been unnecessary! It’s called Accountability…..
