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Economist explains the two futures of crypto - Tyler CowenThe U.S. government will cut off cryptocurrency companies from the broader U.S. economy if they fail to block and report illicit money flows. OFAC requires all U.S. citizens to �block� (i.e., freeze) the assets of individuals and companies who are engaging in transactions with (i) countries that. Binance, another top crypto exchange for both spot assets and derivatives, announced a ban on all U.S. traders in June , although motivation.