US Senator Calls for Light Crypto Regulation That Doesn't Kill Innovation and Drive Companies Offshore
December 9, 2023
A U.S. senator says Congress needs to regulate the crypto industry “with a light touch that doesn’t kill innovation in the U.S.” Noting that crypto “has the potential to disrupt much of the traditional banking model,” he stressed that crypto regulation needs to be appropriate to avoid driving companies offshore.
‘We Need to Regulate With a Light Touch’
Senator Bill Hagerty (R-TN), a…