Here’s Why a Politician Says U.S. Must Smarten Up on Crypto Regulation

Despite the large number of crypto-centric companies founded and based in the U.S. — like Coinbase, Kraken, and so on and so forth — American regulation hasn’t been all too kind to the budding industry around Bitcoin over the past few years.
Blockchain firms are fined millions by the Securities and Exchange Commission (SEC) and digital asset service providers are heavily regulated due to fears of money laundering and other illicit acts.
While many of these moves are often made