Comment No new rules (Score 1) 27
When you rely on new rules this implicitly excuses past criminal behavior.
For example, Joseph Blount, CEO of Colonial Pipeline this year paid millions of dollars to finance terrorism by meeting ransomware demands for Bitcoin payment. That funding was directly used to support further terrorism.
It is not necessary to make a "don't fund terrorism, WITH COMPUTERS" law or policy when the existing "don't fund terrorism" law is good enough.
Compare that to people buying marijuana using Bitcoin. The USA federal government is more than happy to operate these marketplaces, execute legally-vague no-contest search warrants, collect resident communications without a search warrant and otherwise act outside the constitution.
In other words, the US government got their panties in a twist trying to prosecute harmless nobodies, and also got their panties in a twist not prosecuting people financing actual terrorism.