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Civil Liberties Group Calls FinCEN Crypto Wallet Rule ‘Unconstitutional’

A U.S. nonprofit civil rights group has accused the U.S. Treasury Department of infringing the rights of cryptocurrency holders using private wallets to store their digital assets.

In a press release on Monday (March 29), the New Civil Liberties Alliance (NCLA) said the department is engaging in an “unconstitutional power grab” that could lead to a “massive collection” of individuals’ personal information.

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Great article. Requesting a follow-up. Excellent analysis.

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Comment tips

Great article. Requesting a follow-up. Excellent analysis.
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