Looks likely, if Mr Biden’s candidate is confirmed for office. About a one minute read.
Comment: ok, no real need to panic here, last month’s tussle showed The Cryptocurrency lobby:
1) is real and
2) has teeth
So its unlikely anyone is gonna do anything crazy e.g., a complete shutdown. And, as we’ve argued here on Fintech Flash News, its hard not to view regulation as a positive. SO, bring it on!! But hopefully by means of a highly automated and lower cost model aka “Regtech”. Obligatory Fintech Facts episode below..