The story of the introduction of the Crypto-Currency Act of 2020 and the supporters behind the bill last Monday involve none of the traditional approaches just described. Congress Considers Federal Crypto Regulators In New Cryptocurrency Act Of 2020Forbes Jason BrettErik started the interview by joking how I was the one that ‘leaked’ the bill. He was excited that - as last Monday revealed - the Crypto-Currency Act of 2020 would be introduced in Congress, to be followed by them holding an evening press conference, reception, and open bar on Capitol Hill. The reactions of the D.C. establishment that represents the cryptocurrency and blockchain interests was swift and brutal. For the nascent and dynamic cryptocurrency industry, this story represents some of the growing pains the space is experiencing as it grows bigger and the stakes get higher.
Source: Forbes March 15, 2020 01:07 UTC