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from the all-your-coin-are-belong-to-us dept.
In May, the bill S.1241 (archive) was introduced in the U.S. Senate by Chuck Grassley, a Republican Senator from Iowa. The bill, if enacted, would call upon the Department of Homeland Security to develop
a strategy to interdict and detect prepaid access devices, digital currencies, or other similar instruments, at border crossings and other ports of entry for the United States
According to a story at btcmanager.com (square brackets in original),
the bill would "criminalize [those] intentionally concealing ownership or control of a [digital currency or digital exchange] account.
The Senate held a meeting about the bill on November 28. Witnesses included Charles Davidson of the Kleptocracy Initiative of the Hudson Institute conservative think tank; Douglas Farah of IBI Consultants, which specializes in "issues of national security, transnational crime, terrorism, terror finance and non-state armed actors"; and Kathryn Haun Rodriguez of Coinbase, a cryptocurrency exchange. Ms. Haun, however, made no mention of cryptocurrency in her testimony (PDF).
(Score: 0) by Anonymous Coward on Wednesday December 06 2017, @01:09AM
You bolded the party line like it matters. It doesn't. All of them are just out for more power for themselves. They all go about it slightly differently, but their end goals are the same.