New US law is supposed to harm Bitcoin

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The US government is seeking a bill that will oblige citizens to enter and leave the US "monetary instruments" with a total value of more than $ 10,000. If a citizen fails to comply with this obligation, imprisonment of up to 10 years and confiscation of the monetary instruments are in discussion.

Since cryptocoins can be traded with a smartphone, they would currently fall under the definition of the term "monetary instruments". The US government is also struggling against our cash and digital currencies.

New US law is supposed to harm Bitcoin | Ecency