Provision in House Bill Allowing Treasury Secretary to Block International Crypto Transactions to Be Removed

Provision in House Bill Allowing Treasury Secretary to Block International Crypto Transactions to Be Removed
An agreement to remove a provision in a House bill giving the Treasury secretary the ability to block international crypto transactions has been reached, according to Jerry Brito, the executive director of Coin Center, an industry think tank that lobbied against the provision.I'm happy to report @jahimes has listened to our voices and looks like the notice and comment protections in the COMPETES Act related to special measures will be retained! This is in a "manager's amendment" that will be considered later this week. pic.twitter.com/6mAtLD0tF9— Jerry Brito (@jerrybrito) January 31, 2022Rep. Jim Himes (D-Conn.), who introduced the provision, confirmed the…