hey William,
the bill targets "covered transactions" or "holding" controlled/directed from one of the "rogue" nations, though.
The bill broadly grants the Executive branch more power for digital policing, which is worrying. But Treasury already has this power (divestiture/sanctions)
I wouldn't leap to saying Bitcoin would be threatened just yet (especially since there are pro-bitcoin/crypto Senators sponsoring this), but I think the broad powers it grants to the exec branch are reason enough to probably fight it