For too long, the regulatory landscape for digital assets in the United States has been an untenable, muddled mess. Different federal agencies have asserted conflicting jurisdiction, creating confusion and uncertainty in the marketplace.
The status quo is simply not working for anyone - not companies building innovative new products and services, not investors, and certainly not consumers. It was time for Congress to step in, reclaim its rightful place as the engine room of economic policymaking, and draft a modern, fit-for-purpose regulatory framework.
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