“The U.S. bill known as the ‘CBDC Anti-Surveillance State Act’ aims to prevent the Federal Reserve from issuing a central bank digital currency. This bill has sparked mixed emotions, with supporters seeing it as crucial for protecting personal liberties against state control, while critics argue it could stifle innovation and trust in digital currencies.”
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Binance.US vs SEC: Asset Freeze Debate and Its Impact on Crypto Regulation
Binance.US resists the SEC’s request to freeze assets, arguing it would cripple their business and impact customers. Amidst allegations of disregarding US securities laws, Binance.US maintains that US customer assets are safe. The ongoing legal battle highlights the challenge of balancing investor protection with fostering crypto industry innovation.