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An article from Bitcoin Magazine on this:
Bitcoin Magazine sat down with Congressman Davidson to discuss the bill:
[BM:] What does the bill accomplish?
[Davidson:] It takes the FinCen language that’s been out there for a while now and provides a framework for KYC that protects self-custody.
[BM:] What’s the relationship between self-custody and free speech?
[Davidson:] [...] We shouldn't use money as a way of controlling people. Of course if there’s criminal activity, you should go after that. But imagine if the same thing were done to a crowdfunded BLM movement. That wouldn’t be okay. It’s not okay with the Freedom Convoy, either.
U.S. Congressman Warren Davidson Introduces The “Keep Your Coins Act” https://bitcoinmagazine.com/markets/us-congressman-warren-davidson-introduces-the-keep-your-coins-act
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