jon on Nostr: Humm… S.4912 — 118th Congress (2023-2024) This Act may be cited as the ...
Humm…
S.4912 — 118th Congress (2023-2024)
This Act may be cited as the “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act of 2024” or the “BITCOIN Act of 2024”.
“SEC. 10. PROTECTION OF PRIVATE PROPERTY RIGHTS.
(a) Rules Of Construction.—Nothing in this Act shall be construed to—
(1) authorize the Federal Government to seize, confiscate, or otherwise impair any property right in the lawfully acquired Bitcoin holdings of any person; or
(2) infringe upon the rights of individuals, businesses, or organizations to purchase, hold, transfer, or dispose of Bitcoin in accordance with the law.
(b) Affirmation Of Rights.—This Act affirms and protects the rights of persons to maintain full lawful control over the Bitcoin and other digital assets of those individuals, recognizing that the ability to maintain self-custody of private keys is fundamental to the principles of financial sovereignty, privacy, and personal liberty in the digital age.”
https://www.congress.gov/bill/118th-congress/senate-bill/4912/text?s=1&r=1&q=%7B%22search%22%3A%22s.4912%22%7D#id3f2245bd62324855bb316db6b3d6b08a
S.4912 — 118th Congress (2023-2024)
This Act may be cited as the “Boosting Innovation, Technology, and Competitiveness through Optimized Investment Nationwide Act of 2024” or the “BITCOIN Act of 2024”.
“SEC. 10. PROTECTION OF PRIVATE PROPERTY RIGHTS.
(a) Rules Of Construction.—Nothing in this Act shall be construed to—
(1) authorize the Federal Government to seize, confiscate, or otherwise impair any property right in the lawfully acquired Bitcoin holdings of any person; or
(2) infringe upon the rights of individuals, businesses, or organizations to purchase, hold, transfer, or dispose of Bitcoin in accordance with the law.
(b) Affirmation Of Rights.—This Act affirms and protects the rights of persons to maintain full lawful control over the Bitcoin and other digital assets of those individuals, recognizing that the ability to maintain self-custody of private keys is fundamental to the principles of financial sovereignty, privacy, and personal liberty in the digital age.”
https://www.congress.gov/bill/118th-congress/senate-bill/4912/text?s=1&r=1&q=%7B%22search%22%3A%22s.4912%22%7D#id3f2245bd62324855bb316db6b3d6b08a