The draft legislation put forth by prominent committee chairs stands as the most consequential proposal of the year, outlining potential measures for the federal government to establish safeguards within the digital assets industry.
The crypto industry remains preoccupied with Washington's ongoing 'war in crypto' This week, Michael Casey, the Chief Content Officer of CoinDesk, approaches the apparent increase in regulatory hostility from U.S. authorities from a fresh perspective: revenge.
In her letter, Warren implores the OCC to work with the Fed, FDIC, and other stakeholders to create a different cryptocurrency strategy 'that appropriately safeguards customers and the safety and soundness of the financial system.'
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