Warning: Delayed Cryptocurrency Legislation May Threaten Innovation
Call to Congress
Experts from the digital industry have warned the U.S. Congress that delays in passing clear laws for cryptocurrencies could push innovation outside the United States.
The Real Threat
Major companies have started to relocate to countries like the UAE and Singapore, which offer clearer legal frameworks.
Proposed Solution
Investors are calling for a flexible regulatory framework that balances consumer protection and enhances competitiveness.
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