Texas Weighs Draconian Crypto Rules with Privacy Coins Ban, Mandatory KYC

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An untitled bill before the Texas legislature is just ridiculous. House bill 4371, which is less than 500 words long, calls for people to “verify” the identity of senders before receiving cryptocurrency. The bill also introduces to Texas law a difference between “verified” digital currencies and non-verified ones. It specifically seeks to “promote the use […]

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