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Trades will also be prohibited in October, but cryptocurrencies were stress left undefined at this. For now, the regulations apply only to senior Fed officials. Friday's formal orderhowever, does include crypto.
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Will The US Ban Bitcoin?The Biden administration has been accused of trying to "quietly" ban bitcoin, ethereum and other cryptocurrencies in a move that's been. The Chamber of Digital Commerce has outlined concerns regarding the Digital Asset Anti Money Laundering Act, introduced by Sen. Elizabeth Warren. While some countries, most notably China, have banned crypto completely, the International Monetary Fund said that this �approach may not be.
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