Beginners often ask: “What will happen when the US government finally 'regulates' crypto?” — Well, on May 6, Republicans will present a new bill. They promise to bring order to crypto markets, stablecoins, and digital assets in general. It sounds serious, but don't rush to applaud.
Because 'regulate' can mean different things:
— either like a road that has traffic signs (and you can drive faster);
— or like a park bench that has a sign saying 'do not sit', and now only the pigeons are happy.
In crypto, the key thing is clarity. Investors, projects, even banks want to understand where the rules of the game are. If the bill explains: 'here's who regulates, here's how, here's when' — then great. If, on the contrary, it adds more fog, new 'ifs', 'maybes', and 'the court will decide' — it will be even worse than without it.
So the main question is: will this be a GPS for Web3, or yet another maze of bureaucracy? We will see soon.