U.S. Congressman Warren Davidson Introduces The “Keep Your Coins Act”
If passed, the “K.Y.C.” bill would protect the ability to act as a self-custodian and conduct peer-to-peer transactions.U.S. Congressman Warren Davidson (R-OH) introduced legislation entitled the “Keep Your Coins Act” this morning. This comes in the wake of mounting concerns over crackdowns on civil liberties in Canada, as private companies and the Canadian government leverage control of the legacy financial system to disrupt ongoing protests over COVID-19 policies. If passed, the bill would prevent any agency head from prohibiting or otherwise restricting “the ability of a covered user....
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Is U.S. Congressman Warren Davidson reacting to the current situation in Canada? He recently introduced the “Keep Your Coins Act” to protect private bitcoin and crypto usage in his country. Specifically, it prohibits Federal Agencies from interfering with the right to self-custody and to transact P2P. It restricts their ability to ban “self-hosted” cryptocurrency wallets. […]
Congressman Warren Davidson explained how the cryptocurrency tax addition to the Senate infrastructure bill is bad for the U.S.
“Been working on that since 2016. Unbelievable that Congress won’t unite to end the unjust, immoral, and unconstitutional practice of civil asset forfeiture,” said congressman Warren Davidson. Ohio’s eighth district congressman Warren Davidson has introduced the “Keep Your Coins” bill in the House of Representatives to protect individuals’ self-custodied crypto wallets from U.S. government agency control.The introduction on Feb. 15 comes just a day after the Canadian government invoked the Emergencies Act, giving it the power to freeze bank accounts and monitor large transactions....
Earlier this week, new draft legislation on stablecoins came to light aimed at “endogenously collateralized stablecoins.” There is a small chance the U.S. House of Representatives could pass the bill to regulate stablecoins by year-end, though it's more likely it will pass in the first quarter of 2023, says U.S. Congressman Warren Davidson. According to a Thursday report from Kitco, Davidson made the remarks at the Annual Fintech Policy Forum on Sept. 22, where he suggested: "There's an outside chance we find a way to get to consensus on a stablecoin bill this year."The “stablecoin bill”....
Cynthia Lummis and Warren Davidson speak on Bitcoin's importance and personal privacy during an interview at Bitcoin 2021 in Miami. At the bustling Bitcoin 2021 conference in Miami, Congressman Warren Davidson, alongside United States Senator Cynthia Lummis, sat down to field interview questions. The interview took a turn toward privacy, with Davidson responding with comments on crypto wallets. “At the end of the year, if you think about it, Secretary Mnuchin was talking about banning private wallets,” Davidson said, responding to a question about the possibility of over-regulation in....