New law grants US president power to block digital asset access

A new U.S. law grants the president unprecedented authority to block access to digital assets, sparking significant concerns about its broad implications and potential impact on users.

A new law grants the United States president sweeping powers to block access to digital assets, drawing significant concern from commentators on X.

Scott Johnsson, a prominent voice in the digital assets field, criticized the law for its broad scope on June 6, stating:

Related: Nigeria defends Binance exec prosecution amid US lawmakers’ criticism

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A new U.S. law grants the president unprecedented authority to block access to digital assets, sparking significant concerns about its broad implications and potential impact on users.
A new law grants the United States president sweeping powers to block access to digital assets, drawing significant concern from commentators on X.Scott Johnsson, a prominent voice in the digital assets field, criticized the law for its broad scope on June 6, stating:Related: Nigeria defends Binance exec prosecution amid US lawmakers’ criticismRead more