Congressional bid for new U.S. crypto exchange oversight draws early plaudits
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Quick Take
- Crypto businesses and organizations seem to be supportive of a new effort to regulate crypto exchanges in the U.S.
- But it’s far from clear whether Rep. Michael Conaway’s legislation will become the law of the land.
Congress now has a new bill that, if approved, would open the door to a new regulatory regime for U.S. exchanges. And thus far, the proposed measure is drawing plaudits from industry participants and stakeholders.
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