Just gave it a quick search and you are perfectly right. https://en.m.wikipedia.org/wiki/Executive_Order_6102 https://en.m.wikipedia.org/wiki/Executive_Order_6

Just gave it a quick search and you are perfectly right. https://en.m.wikipedia.org/wiki/Executive_Order_6102 https://en.m.wikipedia.org/wiki/Executive_Order_6102 And there is a interesting point on reddit about it: https://www.reddit.com/r/AskHistorians/comments/25wjvv/when_fdr_passed_executive_order_6102_in_1933_were/ https://www.reddit.com/r/AskHistorians/comments/25wjvv/when_... I guess if the US were to ban crypto, it would go down somehow similarly. Not convinced that crypto would drop to 0 though. And the practical challenges of enforcing a crypto ban are... unique.