Hiding behind a nationalistic cause doesn’t make sanctioning validators any less reckless or any more effective.
Naturally, Senator Warren was the first to try tackling the issue.
Sen. Elizabeth Warren, D-Mass., speaks during a news conference Wednesday, Sept. 9, 2020, on Capitol Hill in Washington. The bill, co-authored and signed by about 10 other Democrats besides Warren, calls for giving the President authority to prohibit transactions in property belonging to any foreign person identified as a “digital asset transaction facilitator” or trading platform.
“The term ‘‘digital asset transaction facilitator’’ means any person, or group of persons, that significantly and materially facilitates the purchase, sale, lending, borrowing, exchange, custody, holding, validation, or creation of digital assets on the account of others, including any communication protocol, decentralized finance technology, smart contract, or other software, including open-source computer code.
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