US lawmakers want to outlaw certain software

Join thousands of others who receive this daily analysis of crypto markets & news in their inbox every morning - subscribe now. The US government is becoming more vigilant around cryptocurrencies. Lawmakers are specifically becoming aware of the possibility that nation states could use cryptocurrency to circumvent US sanctions. A bill was recently introduced by a bipartisan group of US senators that is initially targeting tighter sanctions on the petro, Venezuela’s attempt at a national cryptocurrency backed by oil reserves.

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