During the March 5 hearing of the home’s financial service committee, US representative Sean Casten, a Congressman of Illinois, argued that “Crypto’s friendship rules” threaten US national security.
The lawmaker made the comments while arguing with HR 1716, the “Taiwan Conflict Deterrence Act of 2025,” accusing President Donald Trump and Elon Musk to abolish anti-money laundering and financial monitoring laws. Casten added:
“They force Crypto’s friendly policies that will make it impossible to determine the resource of funds used to move. I would like to point out that 100% of ransomware attacks in the United States are funded by crypto.”
“And yet my colleagues make crypto use easier, reduce administration, and make traffic money easier,” the lawmaker continued.
Representative Sean Casten criticizes pro-crypto policies. Source: US House Financial Service Committee
Pro-Crypto Congressperson Warren Davidson responded to Casten, saying, “(…) When we hear that Mr. Casten threw all kinds of things, we got it-he wanted a state of monitoring.”
Davidson added that the United States should not be the same as China to prevent the country in the South Pacific and encourage lawmakers to obey the orders outlined in the US Constitution.
Congressperson Warren Davidson responded to the comments made by Casten. Source: US House Financial Service Committee
Related: Rally of crypto companies behind Ted Cruz to hinder Defi Broker’s rule
The creeping state of the state of tracking
Former National Security Agency (NSA) contractor-whistleblower Edward Snowden has warned that the NSA is Days away from getting the internet In April 2024.
The Whistleblower cited expansion in Section 702 of the Foreign Intelligence Surveillance Act (FISA) and the unclear language used to describe an “electronic communication surveillance provider.”
According to Snowden, it can force almost every individual, including office workers or contractors associated with service providers, to act as monitoring agents for the US government.
In November 2024, Snowden Alarm sounds on centralized blockchains and artificial intelligence, calling for decentralization as a bulwark against threats obtained by the concentrations of digital power.
These warnings were pronounced by David Holtzman, a former professional military intelligence and chief official strategy of naoris decentralized security protocol, in December 2024.
Holtzman argued that the Ai -tracking threats caused by AI are incomparable In human history and it is said that decentralization is key to preventing a rising threat to authority.
Magazine: CYPHERPUNK AI: UNCENSORED GUIDE, UNBIASED, ANONYMOUS AI in 2025
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