The US crypto bills, which cover various aspects of cryptocurrencies, have the potential to shape the future of the industry and bring much-needed clarity
The CEO of Ripple, Brad Garlinghouse, said the lack of coordinated efforts in the United States to enact crypto regulation pushes businesses to low-regulation countries' resulting in "catastrophic results" such as FTX, but remains optimistic about the future.
In 2021, the crypto space saw major advances in mainstream recognition, as evidenced by, among other things, Tesla's investment of more than $1.5 billion in bitcoin in February.
Popular and institutional interest in digital assets, decentralized applications, NFTs, and blockchain technology skyrocketed, and regulators sprinted to catch up. For.