What they’re saying: The cryptocurrency think tank Coin Center on Wednesday claimed the bill would eliminate legal safeguards protecting financial institutions and consumers from federal overreach — including caps on how long accounts can be monitored or frozen. The bill also grants the Treasury secretary more latitude to identify “ transmittals of funds” — including digital assets — as a money laundering concern. Coin Center Director of Research Peter Van Valkenburgh said in an interview that the bill would create a “ streamlined way to do Operation Choke Point,” referring to an Obama-era program to cut off fraudulent merchants from...