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Trump Bans Cryptocurrency?

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Back in 2018, President Donald Trump signed an executive order banning Venezuela's Petro cryptocurrency. And now that the order is about to become law, other cryptocurrencies might have a reason for concern. The implications for this are huge because it could be Bitcoin or some other currency inserted into this language,' says Bret, who was previously a Booz Allen Hamilton lead associate. If the bill proposed in April by Democratic senator Robert Menendez of New Jersey, is finally approved, Petro would be the first cryptocurrency banned in the United States, and as Bret puts it, could make future bans as easy as filling in the blank.

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