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Alex Thorn outlines recent changes to a ban involving digital assets. Previously, the ban applied to issuing or sponsoring a digital asset for money, while still allowing officials to hold digital assets as an investment.
Thorn explains that the new language adds a third restriction: covered individuals are now also prohibited from maintaining any significant financial interest in digital assets.
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Thorn has recently covered other significant events in the digital asset sector. In a previous article, he reported that hackers behind a major Liquid Federation theft returned 85% of stolen BTC after discussions with Blockstream. He also detailed Silvergate's decision to close voluntarily following a bank run and political pressure from the Biden administration.