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https://www.afinalwarning.com/502035.html (Natural News) Right before leaving office, Donald Trump implemented sweeping anti-cryptocurrency restrictions that if upheld by the Biden regime could lead to the downfall of Bitcoin. Claiming that decentralized cryptocurrencies like Bitcoin are used for “money laundering” and other “illegal” activities, Trump gave the Department of the Treasury the green light to implement tracking and surveillance systems to monitor who owns Bitcoin and how it is being spent. “After President Donald Trump lost the election, the Treasury Department raced to issue the rules, which fell under its Financial Crimes Enforcement Network or FinCEN,” writes Joe Light for ....
The Biden administration will soon have to settle a bitcoin fight it didn’t even start, and its decision could have far-reaching implications for the cryptocurrency industry. The battle concerns last-minute rules proposed by the Trump administration that would create new requirements for financial services firms to record the identities of cryptocurrency holders. The measures are meant to smother attempts to use bitcoin and other cryptocurrencies for money laundering or to finance illegal activities. If adopted, they could cause cryptocurrency prices to plummet, according to some analysts. The move generated thousands of negative comments and drew the threat of a lawsuit by a crypto trade group ....
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