The Lions
Politics • Culture • Education
A group of friends with mostly centrist or conservative viewpoints who share resources and ideas about the governance of Alberta and Canada and about world events and trends.
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December 11, 2023

"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

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What else you may like…
Posts

No Excavations Done Yet at Kamloops Residential School as First Nation Provides Update on ‘Complex’ Investigation

https://tinyurl.com/bsby5xp8

Quote from Dr. Eric Kam this morning.
"Alberta is a Have Province in a Have Not Country".

11 hours ago

"I am honoured to speak directly with Albertans about the road ahead for our province, the choices we face together, and how you will have the final say in shaping Alberta’s future within a strong and united Canada."
https://x.com/ABDanielleSmith/status/2024661280163058030

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