Ban now prohibits all significant digital asset interests, Alex Thorn notes

Ban now prohibits all significant digital asset interests, Alex Thorn notes
Ban bars all significant digital holdings

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.

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.

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