Today news
About the same in other media
24.11 - 20:15
23.11 - 19:47
‘Criminal felony statute’ in U.S. infrastructure bill could ‘freeze healthy crypto behavior’
Reading now: 346
ambcrypto.comThe U.S. House of Representatives has passed the $1 trillion infrastructure bill, which has divided policymakers and industry stakeholders across the country. What’s left now is for President Biden to sign it into law.
However, the reality of the situation is hitting crypto investors and entrepreneurs, who are rushing to figure out what a particular provision in the bill means for them.
Coinbase CEO Brian Armstrong was one of the first to express his concern and tweeted,
“This 6050I provision in the infrastructure bill seems like a disaster if I understand it. Criminal felony statute that could freeze a lot of healthy crypto behavior (like Defi).”
He added,
“Our team is looking into this further to try and figure out what exactly the
Read more on ambcrypto.comAbout this in other media
Delta Exchange Introduces ‘Crypto Mania’ cryptonews.com /3 years ago
The Crypto Payment Providers Powering The Use Of Cryptocurrencies In Our Everyday Lives cryptonews.com /3 years ago
Impermanent Loss, Crypto’s Silent Killer, Threatens the Core Tenets of DeFi: Bancor cryptonews.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
