source avatarKripto Market

Share

Why isn’t the cryptocurrency industry able to catch a breath? U.S. Representative Dan Meuser made significant remarks during a program. Dan Meuser: “This is a new payment system—a supplemental currency in many ways, designed for speed. Banks and many industries have already integrated into this system. The U.S. must lead on this issue. A year ago, we passed the ‘Genius Act.’ Think of it like building a car: we’ve acquired the vehicles, and now it’s time to build the roads. The roads will be the ‘Clarity Act.’ This legislation will establish a regulatory framework that builds trust in this sector by addressing security and privacy concerns. Why isn’t it passing? Because the Democrats don’t understand it, and they’re suffering from ‘Trump Anxiety Syndrome.’ They oppose everything that could advance our economy. We’re continuing our work on this issue at Wall Street and Federal Hall.”

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.