The U.S. has proposed to protect the non-custodial storage of tokens
U.S. House of Representatives member Warren Davidson introduced a bill designed to protect cryptocurrency wallets of individuals from control by government agencies. The law would prohibit federal agencies from imposing restrictions on the convertible digital currency used to purchase goods or services for personal use.
Our office will be introducing legislation in the US House of Representatives shortly to protect Americans from this version of overt theft.— Warren Davidson (@WarrenDavidson) February 15, 2022
Please let your Member of Congress and Senators know… https://t.co/UbNdcj8ZZ4
The congressman introduced the initiative a day after the Canadian government applied the Emergency Relief Act. Information material from community cryptodefix. The document gave authorities the power to freeze bank accounts and monitor large transactions without a court order.