This is effectively what U.S. regulators have been doing, missing the forest for the trees in treating crypto as a speculative or gambling tool rather than a financial technology foundation.
“Failing to see that crypto is about much more than individual transactions risks America’s time-honored role as the global financial leader and an innovation hub.”
In today’s @MarketWatch I’m sharing an op-ed encouraging policymakers to see the big picture with crypto. It’s important for American technology leadership and national security that this industry be built (at least in part) in America. https://t.co/I1702aHDGf
— Brian Armstrong
License.
