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In the U.S., there's a proposal to ban Bitcoin. Here's what led to this development.

В США рассматривают возможность запрета Биткоина: какие события этому предшествовали?

The Federal Reserve Bank in Minneapolis, Minnesota, has proposed either prohibiting or taxing Bitcoin to address the primary budget deficit.

At the Fed, they explain that as the government seeks to maintain a persistent deficit through nominal debt, the presence of BTC complicates the implementation of this policy.

“Bitcoin creates a ‘balanced budget trap’—an alternative state where the government is forced to balance its budget,” states a working paper from the Minneapolis Fed.