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Prohibit

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New York Attorney General Urges Congress to Prohibit Retirement Investments in Crypto Assets

Image source: PixabayNew York Attorney General Letitia James has urged lawmakers to ban the use of crypto assets as an investment option for retirement accounts.In a November 22 letter penned to members of Congress, James claimed that US lawmakers need to protect workers’ retirement funds from high-risk crypto assets, especially after the recent collapse of FTX that delivered billions in losses to retail users. James said,“On behalf of the People of the […]

todayNovember 24, 2022

Business

US Senator Introduces ‘No Digital Dollar Act’ to Prohibit Treasury and the Fed From Interfering With Americans Using Paper Currency – Regulation Bitcoin News

A U.S senator has introduced the “No Digital Dollar Act to prohibit the U.S. Treasury and the Federal Reserve from interfering with Americans using paper currency” if a central bank digital currency is adopted. The bill further states: “No central bank digital currency shall be considered legal tender under section 16 5103 of title 31, United States Code.” No Digital Dollar Act Introduced U.S. Senator James Lankford (R-OK) announced Thursday […]

todayOctober 2, 2022

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