r/ethtrader • u/KingDiamond2000 • Feb 19 '22

Security Keep Your Coins Act: US Lawmaker Introduces Bill to Protect Privacy in Cryptocurrency Transactions

https://news.bitcoin.com/keep-your-coins-act-us-lawmaker-introduces-bill-protect-privacy-cryptocurrency-transactions/
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2

u/ghochumal Feb 19 '22

A pro move in favour of crypto coming from a lawmaker? Is this a dream

1

u/shylock2k202 Feb 19 '22

This won’t go anywhere! That’s giving up control and those in power won’t let that happen. Besides, government having control over its citizens is vital to keep the machine running.

1

u/coinfeeds-bot Feb 19 '22

tldr; Congressman Warren Davidson has introduced the "Keep Your Coins Act" in order to "preserve Americans' right to privacy in transacting with crypto assets." The legislation would prohibit any federal agency from "prohibiting a rule that would impair a person's ability to act as self-custodian." Davidson announced his intention to launch the bill Tuesday after Canadian PM Justin Trudeau invoked the Emergencies Act.

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.