Since the language first became public, the idea of using crypto as a pay-for in the trillion dollar infrastructure bill has sparked a vigorous response from the crypto industry. Let’s take a look at some of the reasons why this, and any other future crypto regulation, is so critically important for the sector. The question might fairly be asked as to why this specific regulatory language has received so much attention, since crypto has been in the crosshairs before. Transparent and common sense regulation form part of the foundation of any global economic sector; cryptoassets are no exception to this principle. Regulation around cryptoassets, and how crypto intersects with the wider financial markets is critically important.

Source: Forbes August 09, 2021 16:52 UTC