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Stand with cryptocurrencyA advocacy group associated with Coinbase
1.15b USD
There is Associated forces with over 60 other organizations aimed at blockchain to pray US legislators to bring the Law on Cleptness of the Digital Property Marketalso known as the Claus Act.
The group stated in Letter 7. July that American risks behind other countries if continued without clear rules for digital assets.
They claimed that regions such as Europe and Asia already offer friendly conditions for the crypto business, which is why some companies and qualified workers have moved abroad.
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OpenSea, Dapper Labs and other large blockchain companies signed a letter. They said that the lack of consistent rules discourages large financial institutions from entry into the market. This slows down development, increases the cost of compliance and pushes American talents and investment abroad.
The letter also claimed that Blockchain technology plays an important role in areas such as payments, ownership on network and digital security. Without stronger support at home, they could now lose their position in shaping the future of global trade.
Furthermore, they confessed that Crypto policy has become politically charged. However, they called on the legislators that Focus on long -term economic benefits rather than short -term political discussions.
They said that the account provides a reasonable framework that could support both sides of the passage by replacing the implementation of the case to a Case to clear rules.
Recently, a group of US advocacy for the crypto of the advocacy announced a joint statement, asking Congress to connect the Law on Cleptacry Law (Brca) to the Law on Regulatory Security (BRCA). Why? Read the whole story.
After a master’s degree in economics, politics and culture of the East Asia region, Aaron wrote scientific papers by analyzing the differences between Western and collective forms of capitalism in the Era after World War II.
Considering the decade of experience in Fintech industry, Aaron understands all the biggest questions and struggles that cryptocurrency lovers face. He is an avid analyst who deals with the content based on data and facts, as well as the one who speaks to the web3 natives and the newcomer in the industry.
Aaron is a person for everyone and for all related to digital currencies. With a huge passion for Blockchain & Web3 education, Aaron tries to transform the space the way we know it and make it more affordable to complete beginners.
Aaron quoted more established outlets and was the author himself. Even during her free time, she enjoys exploring market trends and looking for the next Supernova.
