Is he telling everyone that if someone is using bitcoin and other cryptocoins, he or she will be a willing participant in a conspiracy to commit crime? I am shaking my head.
The congressman also said that cryptocoins must become compliant with federal regulations and laws for them to ever become mainstream instruments for conducting transactions. Does everyone really want regulations or do those people only want a pump and thought regulations would bring it?
Foster continued that cryptocurrencies must become compliant with federal regulations and laws for them to ever become mainstream instruments for conducting transactions.
“We’re going to have to establish a law between the legal and illegal regimes here,” Foster said. “There’s a significant sentiment, increasing sentiment, in Congress that if you’re participating in an anonymous crypto transaction that you’re a de-facto participant in a criminal conspiracy.”
Read in full https://www.marketwatch.com/story/government-must-have-power-to-reverse-crypto-transactions-says-co-chair-of-blockchain-caucus-11624995008
Topic: Gov must have power to reverse transactions, says co-chair of blockchain caucus - page 5. (Read 799 times)
June 29, 2021, 11:45:04 PM
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