Senate Crypto Bill Warned as Potential Surveillance Expansion by Galaxy Research
Senate Crypto Bill Warned as Potential Surveillance Expansion by Galaxy Research
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Galaxy Research has issued a warning regarding a proposed Senate Banking crypto bill, stating that its illicit finance provisions could lead to the largest expansion of financial surveillance since the Patriot Act. The firm claims these provisions significantly exceed those found in the House's Clarity Act.
Senate Crypto Bill Faces Scrutiny for Surveillance Expansion
Galaxy Research says illicit finance provisions in the Senate Banking draft go far beyond the House’s Clarity Act.