19 Feb The U.S. government’s approach to crypto regulations hinges entirely on the 2020 electio…
[ad_1]
The United States government underneath President Trump has taken an aggressive approach to the crypto markets, with the President himself claiming that he is “not a fan of” Bitcoin, while the Treasury secretary claimed that the lack of regulations surrounding the nascent technology constitutes a “national security” issue.
This hostile approach certainly hasn’t done much to slow the crypto markets down, but it hasn’t helped them either, with tax unclarity from the IRS alongside the lack of institutional involvement within the markets both being “top-down” issues.
Now, however, one prominent Democratic presidential candidate is offering a plan for how the government would go about handling cryptocurrencies if he were to win the upcoming 2020 election – and it’s positive for Bitcoin.
U.S. government takes a hostile stance towards crypto markets
Cryptocurrency investor’s knowledge about the government’s views on cryptocurrencies was foggy until July of last year,…
[ad_2]
Source link