During today’s STABLE Act markup, Chair @RepBryanSteil said: “Requiring FinCEN and KYC of every single self-hosted wallet is not only not appropriate for this particular legislative vehicle, but it also really applies bank-like standards to individual Americans making transfers for their own personal and family purposes. It would be like KYCing every physical wallet with cash in it, a dramatic invasion of personal liberty. The good news is, with blockchain technology, there is transparency so law enforcement can leverage the transparency of the blockchain to follow the money between bad actors. But, individual Americans should not be treated the same as financial institutions.” 👏👏👏