# Civil Liberties Group Calls FinCEN Crypto Wallet Rule ‘Unconstitutional’

By Coinness

Canonical URL: https://www.tokenpost.com/news/investing/7834
Published: 2021-03-30T03:19:02.000Z
Updated: 2021-03-30T03:19:02.000Z
Section: Investing

> A U.S. nonprofit civil rights group has accused the U.S. Treasury Department of infringing the rights of cryptocurrency holders using private wallets to store their digital assets.

A U.S. nonprofit civil rights group has accused the U.S. Treasury Department of infringing the rights of cryptocurrency holders using private wallets to store their digital assets.

In a press release on Monday (March 29), the New Civil Liberties Alliance (NCLA) said the department is engaging in an “unconstitutional power grab” that could lead to a “massive collection” of individuals’ personal information.

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