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Senate Bill Could Open Crypto to U.S. Sanctions, but Industry Trying to Head It Off

The industry says a surprise section in a recent spending bill could slam crypto with sanctions threats, but a key Senate office is now meeting with digital assets sector insiders.

A U.S. Senate committee passed a spending bill with a surprise crypto provision. (Jesse Hamilton/CoinDesk)
A U.S. Senate committee passed a spending bill with a surprise crypto provision. (Jesse Hamilton/CoinDesk)