3 Key Takeaways From Washington's Latest Cryptocurrency Hearing
Bipartisan crypto legislation faces strong headwinds.
There have been a lot of cryptocurrency hearings and events in Washington over the years. Particularly in recent months, as the administration works to make good on its ambitions to make the U.S. the crypto capital of the world.
With bipartisan support for a clear crypto regulatory framework and key industry figures on board, for a hot minute, it looked as if this would be the week that some of that talk got transformed into action. But, it wasn't to be.
Democrats, angered by huge deals made by crypto companies close to President Donald Trump, voted against one bill and refused to even join the discussion on another.
