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Galaxy Warns Senate Crypto Bill Expands Treasury Surveillance Powers

Galaxy warns a Senate draft crypto bill would allow Treasury to freeze transactions, impose AML rules on crypto front ends and expand surveillance powers beyond the CLARITY Act.

Galaxy Digital warned that a draft crypto market structure bill released by the US Senate Banking Committee would hand the Treasury Department sweeping new surveillance and enforcement tools, describing it as the biggest expansion of financial oversi… [3207 chars]

Source: Cointelegraph | Published: 2026-01-14T10:13:40Z

Credit: Cointelegraph

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