The cryptocurrency surveillance provision buried in the infrastructure bill is a disaster for digital privacy

The forthcoming Senate draft of Biden's infrastructure bill—a 2,000+ page bill designed to update the United States’ roads, highways, and digital infrastructure—contains a poorly crafted provision that could create new surveillance requirements for many within the blockchain ecosystem. This could include developers and others who do not control digital assets on behalf of users.While the language is still evolving, the proposal would seek to expand the definition of “broker&rdquo…

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