RATE Group | Why Is the US Not Yet a Leader in Crypto Regulation? — Experts Answer
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Why Is the US Not Yet a Leader in Crypto Regulation? — Experts Answer

05 Aug Why Is the US Not Yet a Leader in Crypto Regulation? — Experts Answer

Posted at 09:03h in Cryptocurrency News by

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Regulatory frameworks for Bitcoin (BTC) and other cryptocurrencies have developed differently around the globe, ranging from outright bans to so-called “crypto-friendly” legislation. Despite being an economic leader, many within the crypto industry argue that the United States in particular has not yet gained a leading position among governments actively working to regulate this new technology. 

We asked the U.S. Chamber of Commerce’s Julie Stitzel, the Commodity Future and Trading Commission’s (CFTC) Heath P. Tarbert, NYU Blockchain’s Timothy Paolini and other industry experts to comment on the current situation with regulation U.S. regulation of crypto and blockchain.

The U.S. — the economic powerhouse home to Wall Street and Silicon Valley — faces some challenges in creating a cohesive regulatory landscape for cryptocurrency. Various U.S. regulatory agencies have different stances toward crypto. Back in 2013, the U.S. Treasury Department’s Financial Crimes…

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