Hard truths: US lobbyists on why crypto legislation dies and key bills to watch in 2019
Partner offers
The Block may may earn a commission if you use our partner offers, at no extra cost to you.
Quick Take
- Over 400 crypto and blockchain bills have reached the legislative floor since 2017, but with little success
- Washington D.C.-based lobbyists argue that “the crypto industry has dropped the ball” when it comes to pressuring legislators to lay the groundwork for regulatory change
- For instance, New Jersey was pitched as the next beacon for crypto businesses, but relevant bills have run dry in the absence of widespread support
- On the bright side, there are 11 federal bills classed as “positive or permissive” currently under consideration
Regulators may fancy themselves as the ultimate crypto authorities, but when it comes to carving out core policies, it’s the legislators calling the shots. Yet according to those working on Capitol Hill, crypto legislation is in a sorry state. Ironically, the problem is not a shortage of bills. Around 400 blockchain and cryptocurrency-related state and […]
accessprotocol.co
Subscribe for Premium Content
To unlock this and other Premium content, subscribe via Access Protocol. You can pay with SOL.
