Anti-TikTok RESTRICT Act may very well be turned towards crypto and far else, suppose tank warns

The RESTRICT Act, a bipartisan invoice launched earlier this month into america Senate, may very well be utilized in broad and surprising methods, together with to threaten crypto, ought to it turn out to be legislation, suppose tank Coin Middle warned in its weblog.

The invoice, formally recognized because the ‘‘Limiting the Emergence of Safety Threats that Threat Info and Communications Know-how Act,’’ and informally because the TikTok ban, has been launched amid suspicions that the Chinese language-owned TikTok app gathers person knowledge on behalf of the Chinese language authorities.

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