Galaxy has issued a warning regarding a draft crypto market structure bill currently under consideration in the Senate. According to Galaxy, the proposed legislation could grant the U.S. Treasury significant new powers. These powers may include the ability to freeze cryptocurrency transactions and implement measures similar to those found in the Patriot Act. The warning highlights potential concerns about the balance between regulation and individual financial freedom within the digital asset space.

Galaxy has issued a warning regarding a draft crypto market structure bill currently under consideration in the Senate. According to Galaxy, the proposed legislation could grant the U.S. Treasury significant new powers. These powers may include the ability to freeze cryptocurrency transactions and implement measures similar to those found in the Patriot Act. The warning highlights potential concerns about the balance between regulation and individual financial freedom within the digital asset space.