crypto4light

In the United States, there's a proposal to redefine the term "money" to incorporate cryptocurrencies.

The U.S. Treasury and Federal Reserve are planning to update the statutory definition of "money" under the Bank Secrecy Act, extending it to cover cryptocurrencies and digital assets under new reporting obligations.

This would mean that digital currencies like Bitcoin might be treated similarly to traditional money, particularly when it comes to money laundering and terrorist financing regulations

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