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Still trying to figure out the regulatory package and how to deal with it. Just a few weeks ago Lummis released her major bill for oversight that she'd been wor
by atlasunshrugged 4y ago
Still trying to figure out the regulatory package and how to deal with it. Just a few weeks ago Lummis released her major bill for oversight that she'd been working on for some months (maybe even a year or more). It's a fine line; no one wants regulators to move too fast and kill an industry (okay, maybe with crypto some people would argue it never should exist as it adds no value and is just a big scam but I mean in general when considering new regulations), but too slow and things have gotten out of hand and consumers can be hurt. I also think that regulators just didn't take crypto all that seriously for a long while and it just wasn't on people's radar and/or a big enough issue to be dealt with compared to all the other regulatory issues that crop up.