Cryptocurrency has gone from niche interest to Super Bowl ad, and Congress is now looking at ways to appropriately regulate these new assets.
Congressional committees have held hearings to understand stablecoins, the environmental impacts of crypto mining, and the role of government in policing markets. Several lawmakers have introduced legislation to bring crypto assets into the regulatory fold, with sponsors arguing that their bills offer “responsible federal oversight of trading platforms and critical consumer protections.”
The above excerpt was originally published in MarketWatch.
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