In the 1990s, a novel technology called the internet was growing fast, and regulators suddenly had to grapple with how to address it. Ultimately, Congress passed legislation that provided clear rules and necessary protections while giving tech companies the breathing room to create better products. If Congress considers the same for crypto as it did for the internet, then we could see a similar explosion of innovation.
Source: https://www.coindesk.com/layer2/2022/03/09/president-bidens-crypto-order-is-a-huge-step-forward-for-the-industry/?utm_medium=referral&utm_source=rss&utm_campaign=headlines