2 ms·
I think the "how" part is the most interesting question here, both in terms of political justification (people who bought $100 of BTC on their coinbase app won'
by kipchak 6y ago
I think the "how" part is the most interesting question here, both in terms of political justification (people who bought $100 of BTC on their coinbase app won't be very pleased) and practical enforcement. Of authors suggested measures, I think only the first would be necessary to result in a de-facto ban.
"Halt all wire transfers of dollars in and out of cryptocurrency exchanges.
Halt foreign entities trading in dollar cash-equivalent crypto assets.
Add Chinese and other foreign cryptocurrency exchanges hiding in tax-havens to sanctioned entities lists.
Regulate the sale of any existing cryptocurrency assets to US persons by classifying them as securities investment contracts moving forward."