USA wants travelers to declare their crypto assets at U.S. borders – Bitcoints

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Published on May 15th, 2018 | by bitcoin

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USA wants travelers to declare their crypto assets at U.S. borders

USA wants travelers to declare their crypto assets at U.S. bordersAmerican lawmakers want travelers to declare cryptocurrency assets worth over $10,000 at the border.MoreU.S.
senators like Republican Chuck Grassley of Iowa and Democrat Dianne Feinstein of California want to make travelers declare cryptocurrency assets over $10,000 at the border, including bitcoin.
For many people outside the blockchain industry, bitcoin has a seedy reputation.
Would making bitcoin declarations a part of border control actually discourage financial crimes?
On the bright side, there is a growing movement in academia to learn more about blockchain and digital assets like bitcoin.

Source: Uk.news.yahoo.com

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