The article focuses on three areas 1. stopping crypto assets from being used to launder money 2. taxation of crypto investments. 3. financial regulation: pro

The article focuses on three areas 1. stopping crypto assets from being used to launder money 2. taxation of crypto investments. 3. financial regulation: protecting consumers from fraud, reducing systemic risk and ensuring fair competition All of these seem like fair measures. How successful they will be? Exchanges like Coinbase are a key point of regulation. Also regarding the lobbing, "The Economist calculates that crypto firms spent around $5m lobbying the American Senate in the first nine months of 2021". For those more experienced in lobbying, is that a lot?