After practically a decade of gridlock, the US could lastly be on the verge of making a coherent digital useful resource coverage framework. In Congress, lawmakers are contemplating a wide range of proposed payments that will regulate every thing from secure cash and securities rules to sanctions. In the meantime, in 2024 the presidential race will be the first to place cryptocurrency within the highlight.
Whereas each side have helpful roles, Republicans, particularly highly effective congressmen like Tom Emmer and Patrick McHenry, have turn into business’s most essential allies. However the GOP’s crypto bias may be his downfall. From uncritical cryptocurrency maximalism to Orwellian surveillance paranoia, the bromides of the Web3 business have infiltrated celebration marketing campaign rhetoric and, worse, its coverage proposals. Republican policymakers have to give attention to placing America first.
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