Blockchain AssociationCEO Kristin Smith, the regulators Despite “moving very quickly”, legislative progress is “behind closed doors”claimed to have happened.
The price rise in cryptocurrencies has started to signal a new bull run. Many investors think that the crypto industry is recovering and the bullish tide will continue. In markets that are starting to recover, eyes are turned to regulatory and regulatory requirements across cryptocurrencies. Blockchain AssociationCEO Kristin Smith, in regulatory clarity of the USAstressed its importance.
Blockchain Association CEO Discusses Crypto and Regulatory Topics
Blockchain AssociationCEO Kristin SmithAfter the recent events in the crypto industry, he highlighted the importance of requirements such as regulation and supervision.
Smith said he believes it’s about specific causes and circumstances that regulators lead legislation through enforcement actions and compromises. Also, Smith claimed that crypto regulations in the US take place behind closed doors.
in the USAprominent in the crypto ecosystem Smith, of the US Congresssuggested that he should take control of the crypto industry. CEOHe said that the US needs to lead the way in crypto legislation.
Smithsuggested that instead of crypto regulation talks that take place behind closed doors, more transparent discussions should be conducted by Congress. to SmithAccording to this, more support and participation can come from the crypto industry.
