Crypto Support Is Growing on Capitol Hill
Gone are the days of crypto being some sort of new and experimental interest, relegated largely to those on the fringes who were passionate about its potential. The crypto industry is thriving, with cryptocurrencies surpassing the $3 trillion-mark last year when prices peaked before retreating back into the $2 trillion range.
The crypto caucus on Capital Hill is influenced by lobbyists from the crypto industry itself, reports Financial Times, as lawmakers work to bring definition to a space that President Biden showcased as an area of potential leadership for the U.S. in a recent executive order.
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